Scientists and engineers are still toiling in labs in a race to develop quantum computers that would significantly outperform traditional computers.
But that isn’t holding venture capitalists back. They’re pouring record-high funding into work on computing power that is still considered years away from being ready.
Investors have invested $1.02 billion into quantum computing companies so far this year. That’s more than was funneled into the industry during the previous three years combined, according to PitchBook data.
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