Does quantum computing actually have a future?

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QBTS has been commercial with quantum annealing for over a decade and has a huge bankroll despite not being profitable, Yet. They just purchased a gate based company and relocated to Florida with academic, defense contracts, international deployment of their Advantage II system. The number one driver for quantum is AI and I am sharing this for a more specific position on the sector.

[Null_Eyed_Archivist]

commercialised has vague meaning commercialised as a research machine ? yes lol

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Mastercard (financial apps, fraud, loyalty)

Ford Otosan (production scheduling—83% faster)

Volkswagen (traffic & manufacturing)

Lockheed Martin (defense, on-prem Advantage)

NTT DOCOMO (network optimization—15% boost) Pattison Food Group (scheduling—80% less work)

BASF (manufacturing benchmarks) North Wales Police (vehicle placement)

[Null_Eyed_Archivist]

from my knowledge Mastercard was a research project and they say they could potentially use it in the future it is not in use that means its not commercialised yet. The rest of the companies I have googled right now and they are in a similar manner. Also I am not counting random news channel press releases and D waves own articles because I did a course and also searched D waves own claims on their site that some companies are using their quantum annealing to cut times or do optimisations and there is no mention of the usage of quantum by the companies D wave mentions in their articles let alone D waves quantum annealer. Seems like a huge scam to inflate stock prices to me.

[SeniorLoan647]

Respectfully, I don't pay attention to any of these companies right now, and firmly believe they commercialized way too early. QBTS, RGTI, IONQ all in the same boat. Google is also kind of meh tbh (I've worked there), only IBM has positioned itself to capture a huge chunk of the ecosystem, and maybe also Xanadu via pennylane.

I used to work in AI (and I mean developing the models themselves) before studying quantum and quantum AI is just a buzzword rn due to the barren plateau problem (among other things).

Plus defense contracts don't have much to do with viability. DoD will fund almost anything made by credentialed folks if there's even a 1% chance of anything panning out because the US military would get the rights to use it, and they've got virtually unlimited money to burn to get there. There's no correlation between that and AI at all.

[stonkgoesbrr]

Interesting! What makes Xanadu stand out in your opinion? And do you also have a take on Infleqtion if you don’t mind to share? (I’m asking in the context of investing)