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IBM and IonQ are both investing in the long-term growth of the quantum computing market, which is expected to grow at a CAGR of 36% from 2023 to 2032. IBM, a blue-chip stalwart, has been a pioneer in the field and currently operates its quantum computing business as a freemium extension of its cloud ecosystem. IonQ, a speculative newcomer, is also making strides in the industry.
