Google Quantum AI

The funds arrived in under an hour, including over the weekend.

Google Quantum AI says it has shown that magic state cultivation works on its Willow processor.

Magic states are needed for universal quantum computing, and making them has been a major bottleneck.

Google reported a forty-fold reduction in errors and a record logical fidelity of ninety-nine point nine nine percent.

Not the first time the warning like this has spread fear across crypto.

In March, Quantum Google AI... or Google Quantum AI published a paper estimating that breaking cryptography behind Bitcoin and Ethereum would need fewer than 500,000 physical cubits, about 20 times fewer than earlier estimates.

Justin Drake of Ethereum Foundation co-authored a paper.

He put at least 10% odds on a quantum computer recovery of a private key by 2032.

She holds degrees in applied mathematics and physics, and she's been part of the team behind some of the field's more interesting early bets, including Qunami, a quantum sensing company that was acquired by Quantum Design just a few months ago, which is still a relatively rare thing, a clean exit in quantum sensing.

Constructor's portfolio also includes QuEra, which recently closed a financing round of over $230 million, led by Google Quantum AI and SoftBank, with Nvidia participating.

That's a useful data point for the conversation we're about to have, because back in 2022, Marie co-authored a piece arguing that early-stage quantum investing would remain the domain of specialist VCs, people who could actually evaluate the science.

And now here we are with the hyperscalers and the big platform funds showing up in quantum cap tables.

Right.

Yeah, and I think in, in 2022, you wrote that early-stage quantum, uh, would stay essentially a specialist area, that you'd need specialized scientific knowledge to be able to evaluate the, the soundness of the investment.

Um, at this point, this is now four years ago, we see, for example, QuEra's latest round, uh, led by Google Quantum AI and along with SoftBank and NVIDIA in, um, participating as well.

Do you feel like where we are it-- at this stage, it still, like, needs to be led by specialist sort of investors, or are we starting to see a, a more broad, uh, participation from, from the investment class?