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China's Origin Quantum has raised funds to catch up with IBM

Country narrowing gap with US in key quantum computing technology

Origin Quantum's new 24-qubit computer is in the debugging stage and expected to be up and running in mid-February. (Photo courtesy of company)

BEIJING -- Chinese quantum computing company Origin Quantum has raised additional funds in a Series A funding round in its bid to catch up with such leading players in the field as IBM and Google.

The round was led by China Internet Investment Fund, a government-affiliated fund, with additional participants, including China Reform Fund and CCB International.

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