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by sebmellen
20 days ago
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Quantum itself is the most scummy, grift-filled industry. Every quantum company is riding the AI/semiconductor hype wave with basically zero revenue prospects or long-term application of the tech. Companies trading at 200x earnings, IONQs CEO claiming to the “next NVIDIA”/“base case is Cisco’s market cap” — just ridiculous. |
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But quantum seems to have infected some more legit players. Whatever became of Majorana chips, for example? That got some high-level attention at Microsoft.