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Fujitsu invests in Canadian quantum software company

IT powerhouse seeks to market quasi-quantum computer before rivals

Fujitsu is developing a quantum-inspired computer using existing semiconductor technology.

TOKYO -- Fujitsu is investing just under 2 billion yen ($17.9 million) in Canadian quantum software developer 1QB Information Technologies as the Japanese information technology giant looks to quickly commercialize its own quantum-inspired computer.

The investment, announced Tuesday, is worth a 9.3% stake in the Vancouver-based company, making Fujitsu the venture's largest nonfinancial shareholder. Fujitsu will dispatch executives and engineers to 1QBit to collaborate on research, development and sales.

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