Embracing the Quantum Economy 2024

A.4 Different paths to investing in quantum technologies Different paths to investing in quantum technologies TABLE 11 Industry Pathway Description Examples Financial services Venture capital Provides necessary funding for start-ups to develop and market innovations. JPMorganChase investment in Quantinuum108 Mitsui to invest in Quantinuum109 Goldman Sachs and Morgan Stanley investment in D-Wave110 BlackRock investment in PsiQuantum111 Acquisitions Rapidly integrate start-up innovations into existing product lines. Internal funding Allocates R&D budget to quantum projects for proprietary solution development.HSBC creates quantum computing practice112 MUGT to use quantum computing for mitigating risks113 Technology and telecommunicationsVenture capital Provides necessary funding for start-ups to develop and market innovations.Bezos Expedition investment in quantum start-up D-Wave to develop cloud-based quantum computing services114 Google Ventures’ investment in IonQ enabled it to advance ion-trap technology for quantum computing115 Acquisitions Rapidly integrate start-up innovations into existing product lines.Keysight Technologies acquires Quantum Benchmark116 Kipu Quantum acquires Anaqor’s quantum platform117 ORCA Computing acquires Integrated Photonics Division of GXC118 IonQ acquires assets of Entangled Networks119 Internal funding Allocates R&D budget to quantum projects for proprietary solution development.China Telcom establishes quantum technology group120 Deutsche Telekom AG T-Systems offers quantum computing expertise and access to IBM Quantum computational resources121 Pharmaceuticals and healthcareVenture capital Provides necessary funding for start-ups to develop and market innovations. Amgen’s investment in Quantinuum122 Novo Holdings announces intent to invest $200 million in quantum computing start-ups123 Acquisitions Rapidly integrate start-up innovations into existing product lines.SandboxAQ buys Good Chemistry124 Embracing the Quantum Economy: A Pathway for Business Leaders 61