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IBM’s $10 Billion Quantum Bet Has a 2029 Deadline
IBM has committed more than $10 billion over five years to pursue fault-tolerant quantum computing. Two connected cryogenic modules mark a real step toward Starling, but the 2029 target still has to survive the laboratory.
BlueQubit
BlueQubit is a San Francisco quantum-software startup founded in 2022 by Hrant Gharibyan and Hayk Tepanyan. Its Quantum-Software-as-a-Service (QSaaS) platform lets engineers write algorithms in familiar frameworks like Qiskit, Cirq and PennyLane and run them - with a single click - on GPU-based emulators the company says run up to 100x faster than common alternatives, or on real quantum hardware such as IBM's Heron and Quantinuum's H2. The company raised a $10M seed round in December 2024 and works with partners including IBM, NVIDIA, Quantinuum, Honda, AWS and Stanford. Its stated goal is to democratize quantum computing and make it practical for real-world enterprise applications.