A new class of powerful computers is on the brink of doing something important: actual useful work.
Why it matters: Quantum computers have the potential to solve unsolvable problems and break unbreakable encryption, but getting them to the point of reliability remains an enormous engineering challenge.
- But the companies — and countries — that figure out quantum will take the lead in a new era of computing.
What's happening: Quantum computers — which harness the weird and difficult physics of the quantum world — have experienced a number of notable improvements in recent weeks.
- In November, IBM unveiled its Eagle quantum processor, which packs 127 qubits — the quantum equivalent of the bits that drive classical computing — making it the first to break the 100-qubit barrier.
- This week, Quantinuum — a new quantum computing company created by the merger of software maker Cambridge Quantum and hardware manufacturer Honeywell Quantum Solutions — announced the world's first commercial product created solely by a quantum computer: a powerful encryption key generator.
- On Dec. 8, quantum computer maker IonQ — one of the few companies in the space to go public — announced plans to use barium ions as qubits in its systems, which president and CEO Peter Chapman says will improve the stability and reliability of its quantum computers.
By the numbers: The global quantum computing market is currently valued at $490 million, with 21.9% annual growth, and is projected to be worth nearly $1 billion by 2024, according to Bob Sorensen, chief analyst for quantum computing at Hyperion Research.
- "Hardware is hard, and it takes time for the engineering to advance from fundamental devices to useful devices," said William Oliver, director of the Center for Quantum Engineering at MIT, at this week's Q2B Practical Quantum Computing Conference.
- "But that is happening as quantum transitions from lab curiosity to technical reality."
How it works: Classical computers, from the smallest device to the most powerful supercomputer, do their calculations through the binary manipulation of bits, which can be in only two states: on or off, 1 or 0.
- Quantum computers use the quantum state of an object to produce qubits. The complex math behind these qubits can be plugged into special algorithms to do calculations that would be practically impossible for a classical computer to perform — a quality known as quantum advantage or supremacy.
- A working quantum computer could theoretically break the internet's most secure cryptography, solve impossibly complex logistical and optimization challenges, or simulate matter and chemistry on an incredibly precise scale.
The catch: More qubits should mean more powerful quantum computers, which is why hardware makers frequently tout the qubit totals on their latest models. For the machines to do useful work, they need to keep those qubits in a particular quantum state called a superposition as long as possible.
- But qubits are "highly sensitive," says IBM''s Jerry Chow, and slight variations of temperature or vibrations can cause them to lose their quantum state in a process called decoherence, turning qubits into boring old bits.
- Oliver compared the current state of quantum computers to the Wright Brothers' first plane. "It was a key milestone in flight," he said, "but it wasn't like the next day we all went out and bought airplane tickets."
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