"IBM also led the industry in the number of AI, cloud computing, security and quantum computing-related patent grants, with more than 4,000 patents". "Quantum computing can potentially provide us with capabilities to simulate nature and chemistry that we've never had before".
IBM has always been a front-runner when it comes to quantum computing; back in 2017, the firm showed off a prototype commercial 17-qubit processor that formed the core of the first IBM Q early-access systems, which saw the company laying out its ambitions to build commercially-available universal quantum computing systems.
It would be worth mentioning here the IBM Q System is the first practical attempt towards realizing a more powerful quantum computer that we might have previously in vision. Notably, the IBM Q System One won't be sold publicly to the masses. Bob Sutor, the VP of IBM Q Strategy and Ecosystem, was kind enough to get back to us. The IT giant said it is planning to open its first IBM Q Quantum Computation Center for commercial clients in Poughkeepsie, New York later this year.
For example, the technology company highlighted how quantum computing could be used to find new ways to model financial data or to optimise fleet operations for deliveries. It's no surprise then, that IBM stresses that this is a first attempt and that the systems are "designed to one day tackle problems that are now seen as too complex and exponential in nature for classical systems to handle".
Advances in quantum computing could provide ExxonMobil with the ability to address computationally challenging problems across a variety of applications, including the potential to optimize a country's power grid, and perform more predictive environmental modeling and highly accurate quantum chemistry calculations to discover new materials for more efficient carbon capture, the company said.
Callum Hudson-Odoi fires ultimatum to club over Bayern Munich move
He then started and impressed again in Chelsea loss to Tottenham in the semi-final, first leg of the Carabao Cup on Tuesday night. The 18-year-old is keen on moving to the Allianz Arena but Bayern have seen three bids rejected for the winger.
With the prospect of being the first to reach quantum supremacy, many organizations are focusing on internal efforts as opposed to industrywide collaboration, Jim Clarke, director of quantum hardware at Intel, told CIO Dive in an August interview.
IBM isn't the only company that's been working on quantum computing, as the technology is still far from ready for mass deployment.
The 20-qubit Q System One sits in a glass-enclosed, air-tight environment and is described by the company as "the world's first integrated universal approximate quantum computing system designed for scientific and commercial use". IBM clearly thinks of the Q system as a piece of art and, indeed, the final result is quite stunning.
Until now, quantum computers have existed only in disassembled form in research labs.
IBM has banked on quantum as one of its core future technologies, first opening up client access through the cloud previous year.