How companies like Google and IBM plan to profit from quantum computing
In October 2019, Google made a big announcement. It announced its 53-qubit quantum computer named Sycamore had achieved 'quantum supremacy.' That's when quantum computers can complete tasks exponentially more quickly than their classical counterparts. In this case, Google said its quantum machine completed a task in 200 seconds that would have taken the world's most powerful computer 10,000 years to complete. IBM, another major player in quantum computing, took issue with the findings. Either way, it was a big milestone of quantum computing, and it's leading to a lot of hype in the field. Here's how quantum computing works, and how it could change everything from Wall Street to Big Pharma and beyond.