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☆ Quantum computing could have 'geopolitical significance': PsiQuantum
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQuantum computing is a technology that could have geopolitical significance: PsiQuantum co-founderPete Shadbolt, co-founder and chief scientific officer of PsiQuantum, discusses the risks and potential of quantum computing.
Persons: Pete Shadbolt, PsiQuantum
☆ IBM shows new quantum computing chip, targeting 2033 for large systems
  + stars: | 2023-12-04 | by ( Stephen Nellis | ) www.reuters.com   time to read: +2 min
International Business Machines’ (IBM) Quantum System Two computer containing three "Heron" processors is seen in this undated handout photo. Courtesy of International Business Machines/Handout via REUTERS/File Photo Acquire Licensing RightsDec 4 (Reuters) - International Business Machines (IBM.N) on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade from now. Researchers around the world are trying to perfect quantum computing, which relies on quantum mechanics to reach computing speeds far faster than classical silicon-based computers. The challenge has been to create quantum computers that are reliable enough in the real world to consistently beat conventional computers. Microsoft (MSFT.O), Alphabet's Google (GOOGL.O) and China's Baidu (9888.HK), along with startups and nation states, are all racing to develop quantum machines.
Persons: Baidu, Dario Gil, IBM's, " Gil, it's, Stephen Nellis, Diane Craft Organizations: Machines, IBM, Business Machines, REUTERS, Microsoft, Google, HK, Reuters, Thomson Locations: San Francisco
☆ PsiQuantum targets first commercial quantum computer in under six years
  + stars: | 2023-09-28 | by ( Max A. Cherney | ) www.reuters.com   time to read: +2 min
Sept 28 (Reuters) - PsiQuantum is aiming to deliver its first commercial quantum computing system in under six years, its CEO said as the startup announced a partnership with the U.S. Department of Energy to develop advanced fridges for its machines. "The first system that's actually capable of solving important problems that people want to know the answer to - that's just a handful of years away," he said in an interview. Estimates for the development of practical quantum computing by other experts in the field typically put it at a decade or even 20 or more years away. The company needs to reach roughly 1 million quantum bits, or qubits, to be of practical use, O'Brien said. Because of the immense computational power in quantum computing, there is a gamut of potential applications from materials science to national security to finance.
Persons: Jeremy O'Brien, GlobalFoundries, O'Brien, Max A, Edwina Gibbs Organizations: U.S . Department of Energy, Accelerator Laboratory, Palo, IBM, Google, Microsoft, Thomson Locations: Palo Alto , California, Silicon, San Francisco
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