News Alibaba abandons quantum computing

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A few years ago, it seemed like everything was going to be about quantum computing. No talk about artificial intelligence; it was quantum computers that would change the world. Now we know not all companies are on the same page. For instance, Alibaba, the Chinese giant, seems to have shifted its focus.

In the same month that Alibaba shelved its plans to spin off its cloud computing division (but not its AI division), the e-commerce and cloud computing company closed its quantum computing research lab.

Alibaba shut down its quantum computing research lab as part of its restructuring efforts.


 
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