Larry Berman: Is quantum the next layer on top of AI? - BNN Bloomberg
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Article Excerpt
Expectations for profitability in quantum computing is likely to extend several years beyond 2030.
IBM surged recently after the United States Department of Commerce announced approximately US$2 billion of quantum support across multiple firms, with IBM receiving the largest allocation: a proposed US$1 billion award, matched with another US$1 billion from IBM itself.
The initiative will establish America’s first dedicated quantum wafer foundry. Recent funding and policy announcements show capital spreading across multiple architectures.
There is an ETF that tracks the sector (QTUM), but aft…
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