Keep pulling the thread on United States.
An experimental processor built by Alphabet solved a problem in five minutes that would take one of the world's fastest supercomputers an estimated 10 septillion years to complete.
Google and IBM predict that a quantum computer capable of solving real-world problems could be developed by the end of the decade.
The primary geopolitical competition to dominate quantum computing is between the United States and China.
IQM Quantum Computers has raised $600 million in funding to date.
A sufficiently large-scale quantum computer will be capable of breaking current encryption schemes.
Riverlane, a startup focused on quantum error correction, raised $75 million in a Series C funding round in 2024.
Investment in the quantum computing sector increased by 50% in 2024.
New quantum algorithms have achieved million-fold reductions in the computational cost for solving certain problems compared to previous methods.
Current quantum computers can perform approximately 1,000 operations before errors overwhelm the system, whereas large-scale commercial applications require trillions of error-free operations.
The transition to commercial value in quantum computing is predicted to occur towards the end of the current decade.
The UK government announced a commitment of £1 billion for quantum computing.
Quantum computers capable of performing a trillion error-free operations will be able to break current public key encryption standards.