Behind the scenes at a quantum lab, SandboxAQ CEO on outlook, plus the U.S. TikTok alternatives users are flocking to 1/17/25

TechCheck

CNBC

Disruptors, Investing, Faang, Technology, Business, Management, Cnbc, Tech

4.8 • 56 Ratings

🗓️ 17 January 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Behind the scenes at a quantum lab, SandboxAQ CEO on outlook, plus the U.S. TikTok alternatives users are flocking to Description: Quantum computing stocks have had a volatile few months, with investors asking when companies will begin offering commercially viable solutions. We went behind the scenes at a leading quantum lab in Silicon Valley to find out, and talked to the CEO of the startup Sandbox AQ which is at the forefront of quantum development. Plus, as the fate of TikTok hangs in limbo, Americans are flocking to other, U.S.-based alternative apps that are quickly climbing the charts.

Transcript

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0:00.0	Shares of quantum computing stocks having a volatile start to the year after a steep run up in late
0:05.6	2024. Many are now down double digits in 2025 and concerns about just how soon the technology
0:11.9	might be commercially viable. So our Kate Rooney did some digging, dropping in on a leading
0:16.3	quantum lab in Silicon Valley for today's tech check. Kate. Hey, Mike, yeah, so that's where we are now.
0:22.6	We went behind the scenes at Cy Quantum.
0:24.9	It's a venture-backed startup here in Silicon Valley.
0:27.5	It's building high-powered computers that investors expect to be the next transformational
0:33.1	technology after generative AI.
0:35.0	The hype that we've seen around this industry, it's based on its
0:37.8	potential to solve really complex problems that wouldn't be possible with classic computers
0:43.4	right now. It all hinges on quantum physics, hence the name, it uses quantum bits or
0:48.5	qubits. That makes it possible to explore multiple problems at once, which can be especially
0:53.7	groundbreaking for complex
0:55.0	math, could be applied to drug discovery, think of things like aerospace, encryption, material
1:00.8	science, energy, genomics, and more.
1:03.6	A lot of people, really serious technical people, told me that self-driving cars would never happen in my lifetime.
1:12.6	Too complicated, too difficult.
1:14.6	And of course, now every other car that we see in Silicon Valley in San Francisco is a Waymo.
1:20.6	And so quantum computing has a similar sort of trajectory.
1:24.6	In order to make the physics work, these machines need to be stored at some of the coldest
1:32.0	temperatures on Earth.
1:33.5	They use liquid helium to get to negative 455 degrees Fahrenheit.
	...

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