May 1, 2025
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Tag: quantum computing

‘With this investment we are ensuring …’, says CEO Arvind Krishna’s as IBM makes a $150 billion ‘promise’ to America days after 15 government contracts cancelled by DOGE – The Times of India

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IBM unveiled a $150 billion investment plan for the US manufacturing over the next five years, with a focus on quantum computer production, joining a wave of tech giants supporting the Trump administration’s drive for domestic industry. The initiative aims to boost the U.S. economy and solidify IBM’s position as a global leader in computing,…

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Elon Musk responds to Satya Nadella’s post on quantum computing: ‘More and more…’ – The Times of India

admin03 mins

Microsoft recently unveiled Majorana 1, the world’s first Quantum Processing Unit (QPU) powered by a Topological Core. The chip, the company said, is designed to scale to a million qubits on a single chip. Microsoft CEO Satya Nadella shared a post on microblogging site X stating “a couple reflections on the quantum computing breakthrough”. In…

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How Nvidia CEO Jensen Huang’s one sentence wiped out $8 billion in market cap of quantum computing companies – Times of India

admin03 mins

Nvidia CEO Jensen Huang’s single comment about the future of quantum computing triggered a massive selloff on Wednesday (January 8), wiping out approximately $8 billion in market value from quantum computing companies.Major quantum computing players bore the brunt of the selloff. IonQ shares plummeted more than 40%, while Rigetti Computing crashed by over 45%. D-Wave…

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