Fujitsu invests in Canadian quantum software company
#Fujitsu invests in Canadian #quantumsoftware company IT powerhouse seeks to market quasi-#quantumcomputer before rivals @Fujitsu is developing a quantum-inspired computer using existing #semiconductor technology. TOKYO — Fujitsu is investing just under 2 billion yen ($17.9 million) in Canadian quantum software developer 1QB Information Technologies as the Japanese information technology giant looks to quickly commercialize its own quantum-inspired computer. The investment, announced Tuesday, is worth a 9.3% stake in the Vancouver-based company, making Fujitsu the venture’s largest nonfinancial shareholder. Fujitsu will dispatch executives and engineers to 1QBit to collaborate on research, development and sales. The capital tie-up deepens the relationship between the two companies, which entered a business alliance in May. 1QBit is a leader in developing software tailored to quantum computers.