IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
https://www.cnbc.com/2025/06/09/ionq-quantum-computing-oxford-ionics.html
IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
https://www.cnbc.com/2025/06/09/ionq-quantum-computing-oxford-ionics.html
4 Comments
counterpoint…
[https://www.youtube.com/watch?v=SzyGR1XHu28](https://www.youtube.com/watch?v=SzyGR1XHu28)
Yet another British tech company brought up by an American one.
IonQ just acquired Oxford Ionics for $1 billion, marking a huge consolidation in quantum computing that could either accelerate us toward solving real-world problems in drug discovery and AI, or create monopolies that stifle innovation. When do you realistically think quantum computers will actually outperform classical computers on practical problems – are we talking 5 years or still decades away?
Can someone mind explaining to me how on the Earth does IonQ have $1.1 billion? As far as I know, they don’t have this much in revenue.