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Today: October 2, 2024
April 25, 2024
1 min read

Unexpected Growth: Quantum Startups Surge With 20% Annual Investments

TLDR:

  • Quantum startup investments grew at an annual rate of about 20% between 2021-2023
  • The governments of Europe, the US, Japan, and China see quantum computers as a long-term strategic investment project

The article discusses the surprising 20% annual growth of quantum startup investments in various industries between 2021-2023. Governments in Europe, the US, Japan, and China view quantum computers as a long-term strategic investment project, leading to stable and long-term funding for related start-ups. The growth in quantum startup investments indicates a promising trend in the industry.

One notable development mentioned in the article is Nvidia’s collaboration with Japan’s AIST to build a quantum supercomputer. China has also identified Quantum and AI as top priority industries in its national strategic industry list. This focus on quantum technologies aligns with the global trend towards innovative advancements in computing.

As quantum computing continues to gain traction, venture capital investments in quantum start-ups are expected to increase, driving further growth and technological advancements in the industry. The article highlights the potential for quantum technologies to revolutionize various sectors and emphasizes the importance of strategic investments in this emerging field.

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