Several companies, betting on various architectural approaches, are trying to build the first commercially viable quantum computer capable of significantly outperforming current systems. Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has raised $300
IQM, a full-stack quantum company from Finland, went public on the Nasdaq on Thursday via a SPAC merger at a valuation of around $1.9 billion. But stock prices did not rise. They spent most of the day below the IPO price – a lukewarm welcome. SPAC mergers don’t tend to be immediately popular with retail