IBM and Cisco have announced plans to jointly build a distributed quantum computing network capable of linking fault-tolerant systems over long distances.
China has reportedly developed the world's first scalable and industrial-compatible optical quantum chip that allegedly has 1000x the amount of processing power as Nvidia's outgoing AI GPUs.
The U.S. government is in talks to take equity stakes in major quantum computing startups in exchange for at least $10 million each in funding from the Commerce Department.