IonQ
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KISTI Launches National Quantum Excellence Center with IonQ as Lead Partner Following Funding Approval
IonQ partners with South Korea’s KISTI and Megazone Cloud to establish the nation’s first Quantum Computing Center of Excellence, deploying a 100-qubit quantum system for hybrid computing via a private cloud. Funded by a multimillion-dollar government grant, the initiative aims to drive breakthroughs in pharmaceuticals, materials science, and AI. The collaboration expands IonQ’s Asian alliances amid global quantum investments exceeding $40 billion since 2022, positioning the company strategically despite industry challenges like qubit stability and competition from IBM and Honeywell.
