Alphabet spins out a new subsidiary, and in a sign of the times, it’s focused on quantum tech

Alphabet spins out a new subsidiary, and in a sign of the times, it’s focused on quantum tech

2 years ago
Anonymous $R5WK5a8uaN

https://techcrunch.com/2022/03/22/alphabet-spins-out-a-new-subsidiary-and-in-a-sign-of-the-times-its-focused-on-quantum-tech/

Quantum tech may be having its moment at long last.

Consider that earlier this month, one of the few “pure play” quantum tech companies in the world, Rigetti Computing, went public by merging with a special purpose acquisition company or SPAC. It only narrowly missed becoming the first publicly traded company to expressly focus on commercializing quantum tech when another outfit, IonQ, went public through a SPAC merger in October. Meanwhile, another rival in the space, D-Wave, says it is also now planning to go public via SPAC.