IonQ Announces Investment from Softbank and Strategic Collaboration 

IonQ Announces Investment from Softbank and Strategic Collaboration

IonQ has recently announced that it will partner with Softbank Investment Advisors in order to deliver quantum computing systems to the portfolio companies of Softbank. For now, Softbank Investment Advisors manages the Softbank Vision Funds 1 and 2, and it will also invest in IonQ.

The quantum computing partnership will certainly expand IonQ’s reach globally spanning different industries. Softbank Vision Fund 2 will be investing in IonQ, however, the terms were not disclosed.

Simply put, this collaboration of IonQ with Softbank Investment Advisors will exhibit it to a bevy of portfolio firms and industries. Peter Chapman, CEO at IonQ mentioned that it will allow the company to put advanced systems “in the hands of entrepreneurs, builders and problem-solvers around the world.”

Source: ZDNet

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