Comment by kjellsbells
3 days ago
Another take, to feed your cynicism: MSFT need money to keep investing in this sort of science. By posting announcements like this they hope to become the obvious place for investors interested in quantum to park their money. Stock price goes brrr, MSFT wins.
More cynical still: what exactly has the Strategic Missions and Technologies unit achieved in the last few years? Burned a few billion on Azure for Operators, and sold it off. Got entangled and ultimately lost the JEDI mega deal at the DoD. Was notably not the unit that developed or brought in AI to Microsoft. Doing anything in quantum is good news for whoever leads this division, and they need it.
On the bright side, this is still fundamentally something to be celebrated. Years ago major corporations did basic science research and we are all better off for those folk. With the uncertainty around the future of science funding in the US right now, I at least draw some comfort in the fact that its still happening. My jaded-ness about press releases in no way diminishes my respect for the science that the lab people are publishing.
> MSFT need money to keep investing in this sort of science
Microsoft is making absurd amounts of money from Azure and Office (Microsoft 365) subscriptions. Any quantum computing investment is a drop in the bucket for this company.
Does MSFT sell new stock? If not, how does the stock price going up affect their ability to invest?
Even if Microsoft doesn't sell the stock it controls, its existing assets become more valuable when the stock price goes up. There are many ways one could spend those resources if needed: sell it off, borrow against the assets, trade the stock for stock in other companies.
However, since Microsoft has plenty of cash flow already, they can probably afford to just sit on the investment.