It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that’s not always the case. At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier — by taking a page from SpaceX’s funding playbook. “When we started, it was a classic deep tech case, and people thought revenue would be five to 10 years out,” Goetz said. “No, that’s stupid. You can make money already with these very early-stage machines.” Rather than…This story continues at The Next WebOr just read more coverage about: SpaceX [...]
“The Future is Here,” declares a glowing neon sign at the entrance to IQM’s quantum data centre in Munich. It’s a bold claim — but one the Finland-based startup is determined to fulfil. To t [...]
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
Enabled by the introduction of its Willow quantum chip last year, Google today claims it's conducted breakthrough research that confirms it can create real-world applications for quantum computer [...]