Quantum computing is revolutionizing how industries approach complex problems, promising to drastically cut down development time for tasks such as drug discovery, advanced materials research, and financial simulations. Unlike traditional computers that process data using bits (zeros and ones), quantum computers use qubits, which can exist in multiple states at once due to the laws of quantum physics.
This unique capability allows quantum systems to tackle certain computations, such as modelling molecules, cryptography, or optimising market scenarios, in minutes or hours, processes that could otherwise take classical computers thousands of years.
IBM has recently unveiled its experimental Loon processor and Nighthawk quantum chip, each representing a major leap in computing technology. The Nighthawk chip, for example, features 120 qubits interconnected in an advanced square lattice, enabling 30% more complex circuits compared to its predecessor and supporting high-speed, low-error calculations.
These advancements are expected to pave the way for practical quantum advantage in the next year and for fault-tolerant quantum machines by 2029. Quantum computing isn’t just about making computers faster it’s an entirely new approach based on quantum mechanics.
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