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TELUS Teams Up With Xanadu on Hybrid Quantum Computing Platform

TELUS Corporation (NYSE:TU) is included among the 14 Under-the-Radar High Dividend Stocks to Buy Now.

On March 16, Xanadu Quantum Technologies and TELUS Corporation (NYSE:TU) announced plans to work together on building sovereign quantum computing infrastructure in Canada. The two companies also plan to explore the development of a quantum data centre integrated with TELUS’ secure, Canadian-controlled infrastructure.

Under a newly signed MOU, the companies will look at how quantum processors can be combined with high-performance computing systems. The goal is to create a sovereign hybrid quantum–classical computing setup in Canada, one of the first of its kind. The collaboration brings together Xanadu’s work in photonic quantum computing with TELUS’ experience in AI, data centre operations, and its nationwide PureFibre network. The aim is to give Canadian businesses, researchers, and government organizations secure access to next-generation computing tools. These systems are expected to support advances in areas such as AI, drug discovery, materials science, cybersecurity, and national security, while keeping sensitive data within Canada.

Quantum computing is still developing, but it is already seen as a major shift in technology. Many in the field view hybrid systems, where quantum and classical computing work together, as a practical way to scale these capabilities.

TELUS Corporation (NYSE:TU) is a communications technology company with operations in more than 45 countries. It generates over $20 billion in annual revenue and serves more than 21 million customer connections across consumer, business, and public sector markets.

While we acknowledge the risk and potential of TU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 14 High Growth Dividend Paying Stocks to Invest In Now

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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Put another way, that’s roughly equal to:

  • 175 Teslas
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  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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