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Silicon Flash > Blog > Quantum Computing > Investments, advances bring quantum computing closer :: WRAL.com
Quantum Computing

Investments, advances bring quantum computing closer :: WRAL.com

Published April 20, 2025 By Juwan Chacko
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Investments, advances bring quantum computing closer :: WRAL.com
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After attending SXSW earlier this month, it became evident that quantum computing was the most talked-about technology at the event. However, the practical use of quantum computing is still several years away, with optimistic estimates ranging from 3-5 years and more conservative estimates suggesting at least a decade until widespread adoption.

Quantum computing operates using qubits, which are capable of being both 0 and 1 simultaneously due to a phenomenon called superposition. Additionally, quantum computers leverage entanglement, where qubits become connected and influence each other’s states, allowing for faster calculations by exploring multiple solutions at once.

In contrast to classical computers that solve problems deterministically, quantum computing solves problems probabilistically, offering a more energy-efficient solution at scale. However, one of the primary challenges in scaling quantum computing is maintaining coherence of qubits, as they need to be cooled to near absolute zero temperatures to retain their quantum states. Decoherence, where qubits lose their quantum state, can lead to errors in calculations, necessitating the need for error correction strategies.

IBM, a leader in quantum development, envisions the need for quantum computers with thousands of qubits to tackle complex applications like drug discovery and supply chain optimization. To achieve this, improvements in coherence and error correction are crucial.

Recent advancements in the quantum computing industry include the introduction of new quantum chips by major tech players like Microsoft, Amazon, and Google. D-Wave, a notable quantum startup, claimed to have achieved “quantum supremacy” by solving a complex problem in minutes that would have taken a classical computer millions of years. Despite the debate surrounding the claim, D-Wave’s achievement sparked interest in the potential of quantum computing.

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Furthermore, investments in quantum research are on the rise, with companies like NVIDIA establishing quantum research labs and IBM investing in a new quantum research park in Chicago. These developments signify a growing interest and commitment to advancing quantum computing technology.

While the timeline for practical quantum computing remains uncertain, industry leaders like IBM are optimistic about the future of quantum technology. With ongoing advancements and investments in the field, the potential for quantum computing to revolutionize industries and solve complex problems is within reach. Quantum technology continues to be a hot topic in the tech industry, with conflicting opinions on when practical quantum computing will become a reality. Krishna, a prominent figure in the field, believes that a major breakthrough could be just 3 years away, but definitely within 5 years. On the other hand, NVIDIA’s CEO has a much more conservative estimate, stating that practical quantum computing is still 30 years down the road. This contradiction raises the question – who is right?

It’s no secret that quantum computing has always seemed like a technology that is perpetually 20+ years away. However, progress in other areas, such as nanotechnology, has shown that seemingly distant technologies can become a reality sooner than expected. The key to understanding the timing of quantum technology lies in identifying the specific type of quantum technology being discussed.

Currently, there are three major types of quantum technology that are already in commercial use. Quantum sensing, quantum security, and quantum computing are all making waves in various industries. Quantum sensing, in particular, has seen significant advancements with devices being utilized in defense, medical, industrial, and energy sectors.

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Quantum inertial sensors, optically pumped magnetometers, and NV center diamond sensors are just a few examples of the quantum sensing devices that are revolutionizing their respective fields. These devices leverage quantum principles to provide unprecedented levels of accuracy and sensitivity, making them invaluable tools in a wide range of applications.

Quantum security and quantum encryption are also gaining traction as organizations seek to protect their data from potential quantum threats. While current encryption methods like AES-256 and RSA are considered secure by today’s standards, quantum computers have the potential to break these encryption schemes in the future. This has led to concerns about the security of sensitive data and the need to transition to post-quantum encryption methods.

Andre Konig, CEO of Global Quantum Intelligence, predicts that practical quantum computing capabilities could be achieved within the next 5-10 years, with the potential to break traditional encryption within a decade. Companies like IBM, Microsoft, Amazon, and Google are all making strides in quantum computing research, with some potentially reaching gigaquop capabilities sooner than expected.

The race to achieve quantum supremacy is on, with national security at stake. Being the first to reach this milestone is crucial, as the implications of quantum computing in the wrong hands could be catastrophic. The next step is to explore the quantum arms race and determine who is best positioned to win in this high-stakes competition.

In conclusion, while the timeline for practical quantum computing remains uncertain, the rapid pace of advancements in the field suggests that we may be closer to a breakthrough than previously thought. Stay tuned for more updates on the quantum technology landscape and the key players shaping its future.

See also  Enhancing Quantum Computing with AI-Powered Error Correction
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