Alice&Bob, a pioneering quantum startup based in Paris, has successfully raised €100 million in Series B funding aimed at developing a fault-tolerant quantum computer using cat qubits. Their ambition is to create a useful quantum computer by 2030, responding to the increasing demand for computing power seen across the tech industry. CEO Théau Peronnin emphasizes that there has been a significant industry shift towards prioritizing fault tolerance in quantum computing, predicting that this innovation will reshape productivity in computing resources.
From the get go, Alice & Bob had a very clear vision of how quantum computers should be made [and] it was all about fault tolerance.
Computing is becoming the core resource for productivity, and quantum is a potential game changer here.
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