IBM plans to develop first commercial universal quantum computer for business and science applications

Briefing

IBM plans to develop first commercial universal quantum computer for business and science applications

March 10, 2017

Briefing

  • Universal Quantum Computer – IBM announced plans to develop first commercial universal quantum computer, which will run general computing tasks and operate through cloud
  • Quantum Computing Definition – Quantum computers rely on quantum bits or qubits to perform multiple calculations faster than classical computing systems
  • Ten-Fold Performance Increase – Plans to increase system performance from current five-qubit IBM Quantum Experience released in May 2016 to 50 qubit systems over next few years
  • Business and Science Applications – Include predicting chemical properties of complex molecules, discovering new drugs and materials, optimizing supply chains, modelling financial data, upgrading artificial intelligence, and securing cloud systems
  • Important Industry Collaboration – Believes in industry collaboration to accelerate quantum computing systems development, with IBM Quantum Experience already being used by 40,000 users in 275,000 experiments
  • Other Announcements – Also announced new API for developers to create interfaces between quantum computing and classical systems, simulator to model circuits with up to 20 qubits, and software developer kit (SDK) for users to build quantum software programs

Accelerator

Sector

Information Technology

Organization

International Business Machines Corp.

Source

Original Publication Date

March 7, 2017

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