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Tech Giants Unveil Quantum Computing Ambitions, Mercedes F1 Team Valued at Record $6 Billion, and Google Offers UK Employee Buyouts
Stock Market News· 2025-11-20 21:08
Key TakeawaysIBM (IBM) and Cisco (CSCO) have announced a strategic collaboration to develop networked distributed quantum computing, targeting an initial demonstration within five years and a full network of large-scale, fault-tolerant quantum computers by the early 2030s.Mercedes F1 team principal Toto Wolff is reportedly selling a portion of his ownership stake to CrowdStrike (CRWD) CEO George Kurtz, in a deal that values the Formula One team at a record $6 billion.Google (parent company Alphabet Inc. (GO ...
IBM and Cisco Announce Plans to Build a Network of Large-Scale, Fault-Tolerant Quantum Computers
Prnewswire· 2025-11-20 11:00
Accessibility StatementSkip Navigation -Â New collaboration plans to unite strengths of both leaders to design a connected network of large-scale, fault-tolerant quantum computers, targeted by early 2030s-Â Companies plan to deliver an initial demonstration of multiple networked quantum computers within five years-Â Distributed quantum network could lay groundwork towards quantum computing internet defined by quantum computers, sensors, and communication in the late 2030s YORKTOWN HEIGHTS, N.Y. and SAN JOSE ...