Darpa Taps 3 Quantum Firms as Gartner Warns of Industry Shakeout
Updated
Updated · Investor's Business Daily · Oct 12
Darpa Taps 3 Quantum Firms as Gartner Warns of Industry Shakeout
1 articles · Updated · Investor's Business Daily · Oct 12
Summary
Oct. 7 brought a new U.S. government bet on quantum computing, with Darpa naming IBM, IonQ and Atom to its latest effort.
Darpa is spreading work across multiple approaches rather than backing a single architecture, reflecting uncertainty over which technology will prove superior.
Gartner said that uncertainty could lead to an industry shakeout, with weaker quantum approaches likely to be weeded out as the market matures.
The announcement adds a fresh catalyst for quantum stocks while underscoring that government support is still being allocated broadly, not signaling a clear winner.