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IonQ is a quantum computing company that has tripled in value over the past year despite a 30% decline this year. The company has developed multiple quantum computing products and has a faster architecture than competitors. Its intellectual property is well protected, and it has partnerships with other companies. The potential uses of quantum computing are vast, including breaking encryption methods, developing new materials, and optimizing logistics. The quantum computing market is projected to reach $880 billion in economic value by 2040 and $170 billion in market size by the end of the next decade.

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