00:00J.P. Morgan Chase announced a $10 billion investment into four key areas, including quantum computing, as part of its Security and Resiliency Initiative.
00:11The initiative is a component of a larger $1.5 trillion decade-long plan aimed at enhancing U.S. national and economic security.
00:20Following the announcement, shares of quantum computing companies surged significantly on the day.
00:24Major tech companies like Google, Microsoft, and Amazon have shown substantial interest in quantum, with developments like Microsoft's Majorana One chip and Google's Willow chip.
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