Big Tech companies like Amazon, Google, IBM, and Microsoft are in fierce competition to create functional quantum computers, having each recently unveiled advancements in their prototype quantum chips. Quantum computing, while promising to solve complex problems rapidly, is still largely theoretical, with challenges like qubit instability and the specific conditions required for their operation complicating progress. Each company aims to dominate this emerging field, with potential applications ranging from drug discovery to breaking encryption, signifying a pivotal moment for quantum technology.
The field is rapidly evolving, but major hurdles remain before it becomes commercially useful.
Each has released a prototype quantum chip with different approaches and potential applications.
Quantum computing relies on a foundation built from the quantum equivalent of bits, called qubits.
With quantum computing, researchers hope to discover new drugs and develop chemical compounds, among other outcomes.
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