Oxylabs CEO Julius Černiauskas believes that although cloud quantum computing (QC) presents significant opportunities for industry, the technology still has notable risks. In a recently published guest blog, Černiauskas said that quantum computing offers “groundbreaking possibilities” and noted that large tech firms such as Amazon, Microsoft, IBM, and Google are making heavy investments in the technology. Specialized tech startups like PsiQuantum and Quantinuum are also making major inroads into the nascent computing and cloud computing segment and challenging established players. 

As entities like D-Wave Quantum Inc. (NYSE: QBTS) work to advance quantum computing, more effort needs to be invested by other stakeholders to address the…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS 

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