---
title: "Alibaba and Baidu Cash Out on Quantum Computing Stakes"
url: https://daily.dev/posts/alibaba-and-baidu-cash-out-on-quantum-computing-stakes-bme8mac4a
source_url: https://spectrum.ieee.org/china-quantum-computer-alibaba-baidu
type: article
source: "IEEE Spectrum"
published: 2024-02-14T13:56:13.789Z
updated: 2026-03-15T06:18:04.475Z
tags: ["alibaba", "google", "hardware", "ibm", "quantum-computing"]
reading_time: 6
upvotes: 0
comments: 0
language: en
---

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# Alibaba and Baidu Cash Out on Quantum Computing Stakes

**[IEEE Spectrum](https://daily.dev/sources/ieeespectrum)** · 6 min read · 0 upvotes · 0 comments

## Summary

Chinese tech giants Alibaba and Baidu have shut down their quantum computing research units, leading to speculation about China's interest in the technology. While experts suggest it could be cost-cutting or a government intervention, the quantum industry in China remains a strategic priority.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://spectrum.ieee.org/china-quantum-computer-alibaba-baidu>

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---

Tags: [#alibaba](https://daily.dev/tags/alibaba), [#google](https://daily.dev/tags/google), [#hardware](https://daily.dev/tags/hardware), [#ibm](https://daily.dev/tags/ibm), [#quantum-computing](https://daily.dev/tags/quantum-computing)

[View this post on daily.dev](https://daily.dev/posts/alibaba-and-baidu-cash-out-on-quantum-computing-stakes-bme8mac4a)