"Quantum computing insiders, investors, and skeptics have been waiting on an announcement from the Defense Advanced Research Projects Agency (DARPA) that has enormous implications for the future of the industry: the list of companies that have survived Stage A of the agency's Quantum Benchmarking Initiative (QBI) and are advancing to Stage B. The QBI was launched in July 2024 to "rigorously verify and validate whether any quantum computing approach can achieve utility-scale operation" by 2033, according to DARPA."
"In essence, the QBI seeks to determine if a quantum computer technology is worth pursuing-if its benefits will be greater than the effort and resources it takes to pursue them. For a technology that could produce world-changing feats but remains far from maturity-and into which billions of investment dollars have been flowing in recent months-the QBI validation is profound. The QBI's first judgments, announced yesterday, reconfigure the competitive landscape, bolstering some powerful incumbents and boosting lesser-known players and outlier approaches."
DARPA launched the Quantum Benchmarking Initiative in July 2024 to rigorously verify whether any quantum computing approach can achieve utility-scale operation by 2033. The initiative evaluates whether a quantum technology's benefits justify the effort and resources required. Stage A determinations have advanced certain companies into Stage B and have reshaped the competitive landscape by strengthening incumbents and elevating lesser-known and outlier approaches while disappointing some earlier pioneers. The program focuses on merit-based assessment and allows multiple participants to demonstrate a path to an industrially useful quantum computer, or possibly none to do so.
Read at Fast Company
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