![]() and China are certainly leading the race to claim quantum supremacy, followed by a host of others from Europe and Asia.” “There have been more than $20 billion in investments announced across 15 countries here. “Quantum computing is at the forefront of national initiatives,” said Amy Leong, senior vice president at FormFactor. And across the board, it could provide companies and countries with a competitive edge. The systems also could crack any encryption, which has made their development a top priority among several nations. If they are realized, quantum computers could accelerate the development of new chemistries, drugs and materials. ![]() However, that’s not stopping companies, governments, R&D organizations and universities from developing the technology and pouring billions of dollars into the arena. But the technology faces a number of challenges, and many industry experts believe these systems are still a decade away from being practical. The superposition state enables a quantum computer to perform multiple calculations at once, enabling it to outperform a traditional system. In quantum computing, the information is stored in quantum bits, or qubits, which can exist as a “0” or “1” or a combination of both. In today’s computing, the information is stored in bits, which can be either a “0” or “1”. Nevertheless, there is noticeable progress with quantum computing, which is different than today’s systems. Today, Google, IBM and others have built the first wave of quantum computers, but these systems are still in the early stages and aren’t yet running any useful commercial applications - yet. ![]() At this point, it’s too early to declare a winner in quantum computing, a technology that promises to outperform today’s conventional supercomputers. All of that could change overnight, though. Quantum computing is heating up, as a growing number of entities race to benchmark, stabilize, and ultimately commercialize this technology.Īs of July 2021, a group from China appears to have taken the lead in terms of raw performance, but Google, IBM, Intel and other quantum computer developers aren’t far behind. ![]()
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