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Quantum computing may not be making as much daily noise as artificial intelligence (AI), but it's quickly becoming one of the most exciting tech themes of the year. While the technology has limited real-world applications right now, investors are getting in early, driven by the belief that it could soon power breakthroughs.
The excitement is real, and so is the money, with tech heavyweights like Google (GOOG), Microsoft (MSFT), and Amazon (AMZN) pouring millions into building the first practical quantum machine. In a space that appears so crowded with competing technologies, IonQ (IONQ) has managed to carve out a leading position. The pure-play quantum computing company is betting big on trapped-ion technology, a promising approach known for its potential to scale qubits while keeping error rates low.
