Tech Giants Invest in Quantum Computing Advancements
Published on 4.1.25
Tech giants like Google, Microsoft, Amazon, and Nvidia are investing heavily in quantum computing research to harness its potential for solving complex problems that conventional computers can't.
Google's parent company Alphabet aims to achieve useful applications within five years, while PsiQuantum plans to use existing photonics technology at GlobalFoundries' factory in New York to produce millions of quantum chips. This move is part of a global race to dominate the nascent technology, with SoftBank Group and Oracle backing President Trump's Stargate initiative, which aims to mobilize up to $500 billion.
Quantinuum has set a new standard for AI training and problem-solving by combining NVIDIA's AI hardware and software solutions with its advanced solutions. The company's President and CEO, Dr. Rajeeb Hazra, believes that the collaboration will bring about new solutions and accelerate the introduction of Generative Quantum AI in multiple markets.
Nvidia and Microsoft have joined a consortium to expand AI infrastructure in the US, with plans to invest over $30 billion in AI-related projects. This influx of funding is expected to drive further progress towards useful quantum computers, as noted by Tim Costa, Senior Director of CAE, Quantum and CUDA-X at NVIDIA.