Alibaba Shutters Quantum Computing Lab Amid Restructuring

What does it really mean?

Hey Everyone,

I’m always watching how major Cloud leaders are innovating in Generative A.I. and Quantum computing to improve their future offering. So I was pretty shocked when I learned that Alibaba has dismantled their Quantum Computing Lab in late 2023. Especially after all that IBM, Microsoft, Google and AWS are doing with Quantum computing technologies.

Alibaba is in a different business model stage and needs to pivot more into Generative A.I. This could also mean Quantum computing while hyped is far from ready for the mainstream.

Alibaba clearly is a unique case, and its stock has plummeted in recent months and years. Ironically this might be a direct result of U.S. sanctions. Think about it, U.S. chip export restrictions have made it harder for Chinese firms to get critical chip supplies from U.S. companies.