IBM has shared a new roadmap and updated plan for its quantum computing endeavors noting that it will execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033.
These developments have raised concerns in the crypto community, as the technology threatens Bitcoin in the form of network penetration.
IBM, the global technology innovator, leading advances in AI, automation, and hybrid cloud solutions, has announced its plans in the quantum computing space. The team on December 04 unveiled its 1,121-qubit “Condor” quantum computing processor. This makes it the company’s largest by qubit count and, arguably, the world’s most advanced gate-based, superconducting quantum system.
The technology leader has further revealed its plans, stating that it is on track to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033. In a blog post, IBM fellow and vice president of quantum computing Jay Gambetta stated;
Then, in 2029, we hit an inflec

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