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Two Strategies in the Quantum Computing Market: IBM's Speed and Quantinuum's Accuracy

The Motley Fool +1 · ·by G4L

IBM International Business Machines Corp
$248.22 +1.51%
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GM +0.24%QNT QNT -5.65%
  1. 1IBM achieved an operating speed of 100,000 circuits per second with its IBM Nighthawk chip in the third quarter.
  2. 2Quantinuum announced that the logical fidelity of Helios reached approximately 99.9995% in October.
  3. 3The U.S. Department of Energy has launched a competition with a total prize pool of $100 million to reach the Department of Energy's contest target of 100 logical qubits by 2028.

So what's the key point?

IBM increased its chip operating speed to 100,000 circuits per second, while Quantinuum improved calculation accuracy. The U.S. Department of Energy has started a competition to reach a target by 2028.

Source The Motley Fool +1 · View original ↗

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