- Sandbox AQ, an Alphabet spinoff, has raised $500 million for quantum computing and cyber security.
- Quantum computers are based on quantum physics and are capable of performing certain calculations millions of times faster than today’s fastest super computers.
- However, they are still years away from making a major impact, such as breaking encryption.
Sandbox AQ, an Alphabet spinoff, raises $500 million for quantum computing and cyber security

[Via]