The Top 5 Developers of Quantum Computing
- StockSurge Team
- Mar 23
- 3 min read
Updated: Mar 26
Quantum computers have the potential to be exponentially faster than traditional computers. The biggest players in the quantum computing space are investing billions of dollars into research, development, and commercialization efforts. Here’s a breakdown of the 5 biggest players and how much they’re spending:
1. IBM
IBM has been a leader in quantum computing for many years and continues to invest heavily in this space.
IBM has committed around $1 billion per year toward quantum computing research and development. This includes the development of its IBM Quantum platform and the IBM Q Network, which aims to build out a quantum ecosystem involving industry partners, universities, and governments.
IBM is also working on its Quantum Development Roadmap to scale quantum computing systems and improve quantum hardware.
2. Google
Google has been a major player since its landmark achievement in quantum supremacy in 2019.
Google has reportedly invested over $10 billion in quantum computing and AI over the past decade. It funds the Google Quantum AI lab, which is focused on building quantum processors like the Sycamore chip.
Google plans to continue investing heavily in quantum computing for at least the next decade, with the goal of advancing quantum processors that are assured to massively outperform classical computer chips.
3. China (state sponsored)
China is one of the most aggressive countries when it comes to quantum computing development, with heavy state-backed investment.
The Chinese government has pushed over $10 billion into quantum research over the past decade. Chinese universities, research institutions, and private companies like Alibaba and Huawei are also contributing significant funds toward quantum computing development.
China’s National Quantum Information Technology Innovation Center is a hub for quantum research, and the country is aiming to lead in areas such as quantum communications and computing.
4. Microsoft
Microsoft is focusing on the development of topological qubits, a new type of qubit, and is building its Azure Quantum platform.
Microsoft has spent over $1 billion on its quantum research efforts and is expected to continue making significant investments in this area. They are also exploring a unique approach with their quantum cloud computing solutions.
Microsoft is looking to integrate quantum computing into its cloud computing platform, which could allow businesses to access quantum computing capabilities remotely.
5. Amazon (AWS)
Amazon Web Services (AWS) is focusing on making quantum computing accessible via the cloud with its Amazon Braket service.
While the exact figure is not fully disclosed, AWS has been investing hundreds of millions of dollars in quantum computing research and development, and its parent company, Amazon, has dedicated at least $500 million over the past few years to quantum computing through various initiatives like the AWS Center for Quantum Computing.
Amazon aims to make quantum computing more accessible by offering cloud-based quantum services to businesses and researchers.
Intel and Honeywell also receive honourable mentions. In total, quantum computing investments by these major players collectively amount to several billion dollars per annum, with research, infrastructure, and hardware development continuing to accelerate as the race to achieve practical quantum computing heats up.
The Future Look of Quantum Computers
Right now, quantum computers look like complex physics experiments, but as the technology advances, they may start looking more like traditional computers. Some companies, like IBM and Google, are already working on smaller, more compact designs that could eventually fit into standard server racks.
