This is where things get interesting. Imagine my lack of surprise when I learned that Renaissance Technologies, DE Shaw, and Two Sigma—all well-known hedge funds—are now experimenting with quantum computing to give themselves an edge in trading.
If you keep up with the quantum computing news, you know China has huge quantum goals. Now they're backing them up with a $10-billion "National Laboratory for Quantum Information Sciences," a nearly 4-million-square-foot campus to drive their leadership in the quantum space.
When I first looked into the state of the quantum computing funding ecosystem last year it appeared that funding was dominated by just a handful of companies; most notably D-Wave and Cambridge Quantum Computing. So why don't more VCs invest in this space?