Mentioned:
Quantum computing is coming to Japan next. And the Toyota Group is getting behind it.
What’s happening:
- IonQ (NYSE: IONQ) has entered into a distribution partnership with Toyota Tsusho to accelerate quantum computing in Japan
Why it matters:
- Toyota Tsusho is a member of the Toyota Group and generates roughly $70B USD in annual revenue through their existing operations within Japan
Going deeper:
- Toyota Tsusho has been operating in Japan for decades and has been a foundational part of scaling multiple different businesses, including automative companies, chemical companies and new emerging technologies
- The new distribution partnership between IonQ and Toyota Tsusho will be focused on selling directly to companies in Japan who want to be on the leading edge of quantum computing technology and hardware
- Both IonQ’s flagship quantum computers IonQ Forte and IonQ Forte Enterprise are currently available on major cloud providers including Amazon Braket and Microsoft Azure
The intrigue:
- IonQ previously made waves internationally when they successfully delivered their first ever European based quantum computer to a data centre in Switzerland
