Quantum startups bet on future despite uncertainties
-
Quantum computing startups like Oxford Ionics and Phasecraft are engaged in cutting-edge R&D even though the future market is uncertain.
-
There is confidence in the long-term quantum computing market, with expected revenues of $4.4 billion by 2028, attracting VC financing.
-
Startups are focused on developing scalable, low-error hardware and algorithms to solve real-world problems.
-
Building partnerships with potential customers like banks and multinationals helps guide development.
-
The quantum computing market will likely be based on a quantum-as-a-service model, with some users buying their own systems.