ScienceTechCrunchabout 2 hours ago
IQM admits quantum commercial traction may never occur
1 min read
IQM went public on Nasdaq Thursday via a SPAC merger at about $1.9 billion valuation while share prices stayed below IPO price most of the day. The company admitted large-scale commercial traction of quantum computing technology may never occur yet it sells physical computers and cloud service to customers like VTT Technical Research Centre of Finland and Leibniz Supercomputing Centre in Germany.
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