Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues such as rain and snow, Xiao Zhanche! According to the Wall Street Journal, the University of Chicago and the University of Tokyo will receive $150 million from IBM and Google for quantum computing research. Of this amount, IBM will provide $100 million to the two schools, while Google will donate $50 million to the two universities.

Pexels quantum computing is one of the most popular cutting-edge technologies at present, and quantum computers are known as the future of computing, which can run some very difficult or impossible calculations on traditional computers.

In May 2021, Google announced at the I / O developers conference that it plans to build a commercial quantum computer by 2029 that can perform large-scale computing without error. To make good on the promise of quantum computing, Google built a quantum AI campus in Santa Barbara, California. The company said it would develop quantum computers in the park.

In February, Google announced that quantum computers had made a breakthrough in error correction, reaching the second milestone on the road to practical quantum computers.

Google is one of the few companies in the world to set a specific release date for quantum computers. In addition to Google, IBM and D-Wave Systems, a Canadian quantum company, are working towards the same goal.

In December 2022, Research And Markets pointed out in the 2022 Global Quantum Computing Market report that due to the demand for secure communications and digitization, the emergence of advanced applications and the early adoption of quantum computers in some industries, increased investment in quantum computing technology, as well as the rise of many strategic partnerships and cooperation among major suppliers, the global quantum computing market will reach $9.5631 billion by 2031. It grew at an annual rate of 28.6 per cent between 2021 and 2031.

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