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What just happened? IBM is one step closer to realizing a quantum computer with true utility that can outperform classical computers in certain workloads. The technology giant recently used its Quantum "Eagle" processor with 127 superconducting qubits to create entangled states that "simulate the dynamics of spins in a model of material and accurately predict properties such as its magnetization."

Quantum computers are thought to possess tremendous computational potential that could be used to solve problems that classical computers simply aren't capable of. Unlocking that performance has proven difficult, however, due to the finicky nature of quantum systems.

As IBM highlights, such systems are inherently noisy and generate lots of errors which hampers performance. Recent advancements in error correction could improve the situation, and IBM wanted to put them to the test.

The team conducted increasingly complex tests and compared results with supercomputers located at Purdue University and the Lawrence Berkeley National Lab. In each test, the quantum chip spit out accurate results. As the difficulty ramped up, Eagle dished out answers that were more accurate than the classical approximation methods.

"This is the first time we have seen quantum computers accurately model a physical system in nature beyond leading classical approaches," said Daro Gil, SVP and director of IBM Research. Andrew Eddins, an IBM Quantum scientist, said the level of agreement between the quantum and classical computations on such large problems was surprising.

The test suggests that noisy quantum computers could provide utility sooner than anticipated. Big Blue posits quantum computers will one day be useful in tackling a variety of challenges including building more efficient batteries, creating new medicines, and even designing better fertilizer.

Related: Google achieves quantum computer error correction breakthrough

IBM introduced its Eagle quantum processor in late 2021 and initially opened it up to Quantum Network members. At the time, IBM said a classical computer would need the same number of bits as atoms of all humans on Earth to match the performance of Eagle.

"Quantum computing has the power to transform nearly every sector and help us tackle the biggest problems of our time," Gil said in 2021.

IBM has published its findings in the journal Nature in a paper titled, "Evidence for the utility of quantum computing before fault tolerance."

The tech titan also announced that over the next year, all of its Quantum systems running both in the cloud and on-site at partner locations will be upgraded to a minimum of 127 qubits.

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IBM says quantum processors are beginning to provide utility beyond classical methods - TechSpot

Intel has built a quantum processor called Tunnel Falls that it will offer to research labs hoping to make the revolutionary computing technology practical.

The Tunnel Falls processor, announced Thursday, houses 12 of the fundamental data processing elements called qubits. It's a major step in the chipmaker's attempt to develop quantum computing hardware it hopes will eventually surpass rivals.

Intel, unlike most of its rivals, makes its qubits from individual electrons housed in computer chips that are cousins to those that power millions of PCs. The company is lagging behind. Rivals like IBM, Google, Quantinuum and IonQ have been offering quantum computers for years, but Intel believes tying its fortunes to conventional chip technology will ultimately enable faster progress.

"To me, it's natural to use the tools already developed rather than having to develop new tools," said Jim Clarke, director of quantum computing hardware at Intel Labs. Intel makes its own quantum computing chips at its D1 fab in Oregon.

You won't buy your own quantum computer, but they could affect your life very directly. Among those investing in the technology are financial services companies seeking more profitable investments, materials science researchers hoping for better batteries, pharmaceutical companies trying to design better drugs and governments trying to crack adversaries' encrypted communications.

Those challenges are out of reach of conventional computers, but quantum computing has the potential to tackle them by taking advantage of the weird physics of the ultrasmall. Today's quantum computers aren't generally practical, and the full promise of the technology remains years away, but physicists and engineers have made steady progress year after year.

Intel, an expert in large-scale manufacturing, hopes to help speed things along by building many quantum chips, which it calls quantum processing units, or QPUs. The University of Maryland, one of the centers benefiting from a US government program to accelerate quantum computing progress, will use Intel machines.

One notable feature of quantum computing is the tremendous variety of approaches. Intel is using electrons, storing data with a quantum mechanical property called spin that's analogous to the two directions a top can spin. IBM and Google are using small electrical circuits of superconducting materials. IonQ and Quantinuum manipulate charged atoms stored in a trap. Other approaches involve neutral atoms and even that most fleeting of particles, the photon.

At a sufficiently small scale, quantum mechanics dominates physics and anything can become a qubit, quantum computing pioneer and MIT researcher Seth Lloyd said in an earlier interview. "It's a question of whether you can massage them in the right way to convince them to compute."

In other words, quantum computing isn't a horse race like in the traditional computer chip market. It's more like a horse pitted against a falcon, a motorcycle and an Olympic sprinter.

Intel likes its approach. Tunnel Falls is in manufacturing today, but the company very soon will "tape out" its successor, meaning the design is finished, and it's begun designing the model after that, Clarke said. Twelve qubits is a tiny fraction of what's needed for useful quantum computers, but Intel started with a simple approach designed for fast improvement and sustained progress over the years required to make serious quantum computers.

Intel's Tunnel Falls quantum computer test chip perched on a fingertip

"The next big milestone is when we have a few thousand qubits," a quantity that will let quantum computer engineers correct the frequent errors that plague qubit operations, Clarke said. "That's probably three, four years, maybe five years away," Clarke said. "And it's probably the early 2030s or mid-2030s before we have a million cubits that are going to change the world."

Intel is engineering not just the QPUs, but the crucial data links that link each qubit to the outside world. Today's quantum computers often look like high-tech chandeliers, with gleaming metal communication conduits looping down toward the processor, but that bulky design won't work with thousands or millions of qubits. Intel believes its control chips and chip interconnect technology will be necessary parts of an overall system.

One of Intel's biggest rivals, IBM, already offers multiple 127-qubit quantum computers for research and commercial use, with a 433-qubit machine up and running.

"We have a plan to get this out to hundreds of thousands of qubits using superconducting qubits," said Jerry Chow, leader of IBM's quantum computing hardware effort. IBM is working on quantum computer chips with a flock of code names -- Egret, Heron, Condor, Crossbill -- that are designed to prove out new technologies to reduce errors and improve the qubit-to-qubit connections that are central to the machines.

And it's making progress. On Wednesday, it secured a coveted spot on the cover of the journal Nature for research showing its 127-qubit Eagle quantum computing chip can surpass conventional machines in simulating the materials physics that produce effects like magnetism.

Intel tried and rejected the supercomputing qubit approach, Clarke said. Its spin qubits are a million times smaller than a superconducting circuit, letting the company fit 25,000 of them on each 300mm silicon wafer that transits through its chip fabrication plant, called a fab. When Intel finds a problem building quantum chips, it figures out how to adapt the qubit to traditional chip manufacturing, not vice versa.

Such arguments haven't persuaded others. Google is sticking with superconducting qubits.

"Superconducting qubits lead in critical metrics. We are confident they are the leading technology for the future of quantum supercomputers," Google said in a statement, pointing to their processing speed and progress toward error correction to keep calculations on track longer. "We see a clear path to scale our technology to large-scale, error-corrected machines of general use."

And IonQ Chief Executive Peter Chapman believes Intel's approach is too inflexible for practical, large-scale quantum computers. His company is developing ion trap machines that scoot charged atoms around, letting different qubits interact with each other for computation. Fixing qubits onto the surface of a chip drastically complicates computations, he said.

"What worked in computing in the past -- silicon-based processors -- is not the right solution for the age of quantum," Chapman said.

The deep disagreements about the best approach will perhaps be resolved as the machines evolve and grow larger. Intel's plans rely on its manufacturing advantage, tapping into its experience building some of the most complicated electronics devices on the planet.

"Not everybody has a fab like this in their back pocket," Clarke said.

Correction, 9:33 a.m. PT: This story misstated the particles out of which Intel makes qubits. It uses electrons.

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Intel Enters the Quantum Computing Horse Race With 12-Qubit Chip - CNET

Last week, Iran's Rear Admiral Habibollah Sayyari stunned the quantum computing world by claiming the country had already developed and deployed quantum computing products to aid its military operations. But it now seems there was quite a bit less quantum involved than claimed. It seems the quantum computing board showcased by the Rear Admiral just last week had zero quantum computing in it and 100% of an Amazon-available ARM-based development board (ZedBoard), built by US-based Digilent.

Oh, the irony.

Read Admiral Habibollah Sayyari, Coordinating Deputy of the IR Army and the former Commander of the Iranian Navy, posed for photographs with other high-ranking military officials while claiming the newly-designed quantum computing board brought the country's capabilities towards the cutting edge. Namely, it was claimed that quantum computing was already being deployed by the Iranian military to "counter navigation deception in detecting surface vessels using the quantum algorithms."

Every company and state (and their mothers) seem keen to show off their quantum computing capabilities. This is an understandable stance; quantum computing is expected to be the "next big thing" in computing (even though the ChatGPTs and AI advancements of the world have been eclipsing quantum in the population's mind). Considering quantum computing's implications on communications security, cryptography, and many other crucial technological areas, it's expected that certain actors flex their quantum muscles towards opponents - it's both a deterrent and a claim of technological superiority.

Of course, stunts such as these do sometimes bite back; Persian media has already ridiculed the move, which has had the unintended side-effect of showcasing just how behind the quantum curve Iran really is: so much so that a gold plaque can be made for a 700, dual-core, DDR3-toting development board. It seems that the Iranian government did manage to get some quantum onto its announcement, considering how its narrative has decohered. But that's not usually the intention of making quantum computing-related announcements, is it?

For now, it seems that users looking for an over-the-counter quantum computing experience will still have to settle for SpinQ's education-aimed "Quantops." Those at least allow you to simulate qubits, which still is 100% more of them than available on Iran's ZedBoard.

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Iran's 'Quantum' Computer is Apparently Powered by an Arm ... - Tom's Hardware

Cleveland Clinic and IBM officially unveiled the first deployment of an onsite private sector IBM-managed quantum computer in the US. The IBM Quantum System One installed at Cleveland Clinic will be the first quantum computer in the world to be uniquely dedicated to healthcare research with an aim to help Cleveland Clinic accelerate biomedical discoveries.

The unveiling comes as a key milestone in Cleveland Clinics and IBMs 10-year Discovery Accelerator partnership that was announced in 2021 and is focused on advancing the pace of biomedical research through the use of high-performance computing, artificial intelligence, and quantum computing. Quantum computing is a rapidly emerging technology that harnesses the laws of quantum mechanics to solve problems that todays most powerful supercomputers cannot practically solve. The ability to tap into these new computational spaces could help researchers identify new medicines and treatments more quickly.

Related:Technology-driven convergence in the life sciences industry

This is a pivotal milestone in our innovative partnership with IBM, as we explore new ways to apply the power of quantum computing to healthcare, said Tom Mihaljevic, M.D., Cleveland Clinic CEO and President and Morton L. Mandel CEO Chair. This technology holds tremendous promise in revolutionizing healthcare and expediting progress toward new cares, cures, and solutions for patients. Quantum and other advanced computing technologies will help researchers tackle historic scientific bottlenecks and potentially find new treatments for patients with diseases like cancer, Alzheimers, and diabetes.

With the unveiling of IBM Quantum System One at Cleveland Clinic, their team of world-class researchers can now explore and uncover new scientific advancements in biomedical research, according to Arvind Krishna, IBM Chairman and CEO. By combining the power of quantum computing, artificial intelligence and other next-generation technologies with Cleveland Clinics world-renowned leadership in healthcare and life sciences, we hope to ignite a new era of accelerated discovery.

In addition to quantum computing, the Cleveland Clinic-IBM Discovery Accelerator draws upon a variety of IBMs latest advancements in computing technologies, including high-performance computing via the hybrid cloud and artificial intelligence. Researchers from both organizations are collaborating closely on a robust portfolio of projects with these advanced technologies to generate and analyze massive amounts of data to enhance research.

Related:Powering virtual clinical trials with specialised software

The Cleveland Clinic-IBM Discovery Accelerator has generated multiple projects that leverage the latest in quantum computing, AI, and hybrid cloud to help expedite discoveries in biomedical research. These include:

The Discovery Accelerator also serves as the technology foundation for Cleveland Clinics Global Center for Pathogen & Human Health Research, part of the Cleveland Innovation District. The center, supported by a US$500 million investment from the State of Ohio, Jobs Ohio and Cleveland Clinic, brings together a team focused on studying, preparing and protecting against emerging pathogens and virus-related diseases.

Through the Discovery Accelerator, researchers are leveraging advanced computational technology to expedite critical research into treatments and vaccines.

This article appears in Omnia Health magazine.Read the full issue online today.

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First quantum computer dedicated to healthcare research revealed - Omnia Health Insights

NEW YORK, June 20, 2023 /PRNewswire/ -- Thequantum computing market size is expected to grow by USD 9,013.68 million from 2022 to 2027, progressing at a CAGR of18.84% as per the latest Technavio market research report.North America is estimated to account for38% of the market's overall growth. A major factor influencing the market growth is thepresence of a substantial number of US-based customers. For instance, amain vendor of quantum computers, D-Wave, which is headquartered in Canada, has sold quantum computing machines to major US-based clients such as Lockheed Martin, Google, NASA, and Temporal Defense Systems. Furthermore, suchfirms have collaborations with D-Wave to upgrade to the latest machine once it has been developed. Additionally,these clients have high economies of scale and, therefore, have the finances and resources to adopt these technologies at a much faster pace compared to other regions.Hence, such factors influence the growth of the regional market during the forecast period.For more insights on the market share of various regions-Downloadsample report in MINUTES

Quantum Computing Market: Increasing Expenditure by Stakeholders to drive growth

The growing utilization of quantum cryptography, which is a technique for secure code-writing and solving is a major driver for the market growth.Quantum cryptography offers the highest level of security for transmitting even the most critical data. With the advent of quantum computers, vast amounts of encrypted data can be processed at incredibly high speeds.

Moreover,quantum computing can decrypt encrypted data into plain text in a matter of seconds, while classical computers might take years to do so. Thedecryption process is achieved by increasing the length of keys with more bits. This provides heightened security butthere is a concern that hackers may also use quantum computers to decrypt sensitive information, which has prompted many governments to invest millions of dollars in developing quantum computers with top-notch security features. Hence, such factors drive the market growth during the forecast period.

Quantum Computing Market: Growth Of AI And Machine Learning

The growth of AI and machine learning is an emerging trend shaping market growth.AI is a branch of science, which generallydeals with computers, machines, software, and computer-operated robots to think intelligently to find solutions for complex problems in a manner that is like how a human brain thinks. Also, machine learning is a type of AI that allows computers to self-learn.

Additionally,AI and machine learning will be some of the biggest applications of quantum computers, where AIrequires fast processors to work, and the development of quantum computing processor chips will be used in AI applications. This is because theseprocessors work at high speeds to compute data efficiently. Hence, such trends fuel the market growth during the forecast period.

To know about more drivers, trends along with challenges -Download a sample now!

What's New? -

Some of the key Quantum Computing Market Players:

The quantum computing market isfragmentedand the vendors are deploying organic and inorganic growth strategies to compete in the market.

Some of the key market players are1QB Information Technologies Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Anyon Systems Inc., Atos SE, D-Wave Quantum Inc., Honeywell International Inc., ID Quantique SA, International Business Machines Corp., IonQ Inc., Microsoft Corp., QC Ware, QRA Corp., Quantica Computacao, Quantinuum Ltd., Quantum Circuits Inc., Qubitekk Inc., Rigetti and Co. LLC, and Intel Corp.

Quantum Computing Market: Segmentation Analysis

This report extensively coversmarket segmentation by deployment (cloud and on-premise), end-user (aerospace and defense, government, IT and telecom, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

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Quantum Computing Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 18.84%

Market growth 2023-2027

USD 9,013.68 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

18.6

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

1QB Information Technologies Inc., Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Anyon Systems Inc., Atos SE, D-Wave Quantum Inc., Honeywell International Inc., ID Quantique SA, International Business Machines Corp., IonQ Inc., Microsoft Corp., QC Ware, QRA Corp., Quantica Computacao, Quantinuum Ltd., Quantum Circuits Inc., Qubitekk Inc., Rigetti and Co. LLC, and Intel Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Deployment

7 Market Segmentation by End-user

8 Customer Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[emailprotected] Website:www.technavio.com

SOURCE Technavio

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Quantum Computing Market size to grow by USD 9,013.68 million ... - PR Newswire