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IBM completes HRL Laboratories buyout to speed its quantum roadmap

Published Source: CryptoPolitanRead original

Crypto Insight Summary: IBM (NYSE: IBM) has closed its acquisition of HRL Laboratories and plans to involve the lab in speeding up a quantum-computing project. IBM is expecting that the project will deliver a working fault-tolerant machine before the end of the decade. IBM acquired HRL Laboratories for its quantum computing project IBM has announced the completion of... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: IBM's quantum computing advancements do not directly impact crypto markets in the short term.

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IBM completes HRL Laboratories buyout to speed its quantum roadmap — Crypto Insight