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About
ICM HPQC was launched as part of ICM Global Funds to invest in the next generation of computing including high performance computing and quantum computing projects. The digital age has been made possible by the fact that computing power has increased exponentially and become exponentially cheaper. This demand is increasing as more devices are connected, use cases are developed and the explosion of AI. However, the underlying trends that have enabled the past 60 years of technology development are beginning to hit physical limits. Scaling compute is no longer as straightforward as fitting more transistors on a chip and innovators now must look at other parts of the system to find improvements. These improvements are getting harder and harder to find in the standard products and processes of leading-edge semiconductor facilities and there is a gap for new innovations to identify improvements. Such innovation may happen at all levels of the compute stack and throughout the value chain. Some of these innovations will become industry-standard, but otherwise will tackle specific, high-value problems. Capitalising on the ICM Group’s experience in novel technologies like AI and quantum computing, as well as its long history of telecommunications and data centre infrastructure investing, ICM HPQC invests in companies that bridge the gap between the demand for compute and the ability to deliver it.
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