Google Quantum AI

Google Quantum AI achieved the historic milestone of quantum supremacy in October 2019 with their 53-qubit Sycamore processor completing a task in 200 seconds that would take classical supercomputers thousands of years, building on quantum research that began in 2006 under Hartmut Neven with the formal Quantum AI team established in 2013 and John Martinis joining from UCSB in 2014, developing Cirq and TensorFlow Quantum frameworks as part of Alphabet’s strategy to build fault-tolerant quantum computers for applications in drug discovery, materials science, and cryptography.

Company Information

• Founded: 2013
• Country: USA
• Website: https://quantumai.google
• Categories: quantum processors

Key People

Hartmut Neven (Founder, VP Engineering), John Martinis (Former Hardware Lead, 2014-2020)

Investment Information

• Status: public
• Ticker: GOOGL
• Total Raised: Internal R&D
• Market Cap: $2.9T (September 2025)

Recent Funding Rounds

• 2024-10-15: strategic - Undisclosed - Strategic investment in QuEra Computing for neutral atom quantum development
• 2024-06-20: strategic - $2B - Quantum AI research and development budget allocation
• 2023-12-05: strategic - $500M - Quantum error correction research facility expansion

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