Comment by RaftPeople
41 minutes ago
> Seems like tacit acknowledgment that IBM mothership is not the right place for a speculative growth play from both a management and capital perspective.
I'm not understanding your logic, can you explain?
What I see with the program and amounts companies were awarded is some level of acknowledgment of the current state of quantum research (i.e. IBM is generally considered the leader) and their pragmatic approach that piggy-backs on current technologies (for obvious speed+cost benefits).
> IBM is generally considered the leader
You must not talk to competent people. IBM is very experienced at this grift. I remember when I used to go to conferences in a different field and IBM would announce "state of the art" results that were very obviously done by cheating (making an ensemble model and tuning the weights on the test set). Everyone doing real work would ignore them, and then they'd go sell to clueless midcap companies on the basis of that announcement.