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Amazon Takes Stake in IonQ, Raising the Quantum Computing Stakes
Summary by Citybiz
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Amazon Takes Stake in IonQ, Raising the Quantum Computing Stakes
Amazon.com Inc. is deepening its bet on quantum computing, taking a $36.7 million equity stake in IonQ Inc., a move that underscores the tech giant’s interest in emerging technologies beyond artificial intelligence’s current chip-and-algorithm boom. The investment—announced this week—ties IonQ more closely to Amazon Web Services, the company’s cloud-computing arm, and adds another layer to the competition among hyperscalers to secure quantum cap…
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