Author: Dr Tess Skyrme, Senior Technology Analyst at IDTechEx Quantum computing is pitched as enabling exponentially faster drug discovery, battery chemistry development, multi-variable logistics, vehicle autonomy, accurate asset pricing, and much more. In the last decade, the number of companies actively developing quantum computer hardware has quadrupled. Between 2022 and 2024, multiple funding rounds within the quantum computing market surpassed US$100 million were closed, and the transition from lab-based toys to commercial product began. Competition is building in the quantum computing market, not only between different companies but between quantum…
Read MoreThe Race to Build a Quantum Computer Is Paved With Gold – Says IDTechEx
