The Future of Quantum Computing

Company Strategy & Focus - The company is focused on building the country's first utility-scale quantum computer in Chicago [1] - The company's approach is centered on achieving the scale required for valuable commercial applications, specifically a million-qubit scale system [9] - The company is leveraging the semiconductor industry and its trillions of dollars of investment to build a utility-scale quantum computer [4][11] - The company is using a silicon photonics platform, developed over 20 years, to leverage the semiconductor industry [6] - The company is not focused on small demonstrations or proofs of principle, but rather on achieving utility scale [10] Competition & Timeline - The company differentiates itself by focusing on a million-qubit scale system from the beginning [9][11] - The company aims to build a utility-scale quantum computer, with others like IBM targeting similar goals by 2029 [7] Partnerships & Support - The company has strong partnerships with the governor, alderman, and the entire ecosystem in Chicago [13] - The company's decision to locate in Chicago was influenced by the understanding and support from the city and state, including power utility considerations [14] Investment - The company is committing at least $1 billion in capital to the project in Chicago [1]