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Nvidia Dominance Deters Chip Rivals as Quantum Funding Hits Record $2B

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The Story

News Summary

  • VC funding for quantum computing reached a record $2 billion in Q2, while overall chip startup funding slowed.
  • Investors cited Nvidia's commanding 93% to 94% market share as a barrier for startup rivals, even as massive AI compute deals continue expanding across the sector.
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