How companies like Google and IBM plan to make money from quantum computing

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Here's how quantum computing works, and how it could change everything from Wall Street to Big Pharma and beyond.

, plus a host of smaller companies such as Rigetti and D-Wave, are all betting big on quantum.

"How many of your billions would you give over for an extra 10 years of life?" said Martin Reynolds, an analyst with Gartner who covers quantum computing. "So you could see there are some simply astonishing financial opportunities in quantum computing. This is why there's so much interest, even though it's so far down the road."

But nothing is ever a sure thing. And dealing with the quirky nature of quantum physics creates some big hurdles for this nascent technology. Is quantum truly the next big thing in computing? Or is it destined to become something more like nuclear fusion—destined to always be the technology of the future, never the present?

Watch the video above to learn more about quantum computing and how tech companies hope to use the technology in the far and near future.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great Video 👍🏾

Make smart decisions. Why spend 100k in education if it’s only gonna make you 35k a yr?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Stadia's early adopters are losing patience with Google - Business InsiderSome of the people who made an early bet on Google's ambitious attempt to revolutionize video games are losing patience
Source: BusinessInsider - 🏆 729. / 51 Read more »