Tuesday, 02 January 2024 12:17 GMT

Microsoft To Have Scalable Quantum Computer By 2029


(MENAFN- Investor Brand Network) Microsoft has pulled forward its target date for building a practical quantum computer from 2033 to 202, crediting a major jump in chip performance. Zulfi Alam, Microsoft's VP for quantum, announced the new target last week alongside the launch of Majorana , the follow-on to Majorana 1.

Microsoft's news arrived in a week of broad quantum activity. Quantinuum, which emerged from Honeywell, listed on the Nasdaq and raised $1.68 billion. D-Wave Quantum Inc. (NYSE: QBTS) published a revised product roadmap, setting its sights on a commercial fault-tolerant quantum system by 2032, and JPMorgan Chase also announced it would team up with AMD and...

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