International Business Machines (IBM) has unveiled the roadmap for developing the first “fault-resistant” quantum computer by 2029. International Business Machines said Tuesday that it plans to build what is called the world’s first fault-resistant quantum computer in a data center in New York before the end of the decade.
A computer called IBM Quantum Starling is installed in Poughkeepsie in New York and has 20,000 times the computing power of today’s quantum computers. “We are pleased to announce that we are committed to providing a range of services and services to providing services that are important to us,” said Jay Gambetta, vice president of IBM Quantum. “We are elaborating the error corrections in our roadmap because we believe we have solved all the scientific challenges.”
Gambetta said IBM’s confidence in the 2029 timeline stems from two recent developments. In addition to a new approach to reducing errors called “quantum low density parity check” or QLDPC code, it is a technique that uses traditional computing to identify and correct errors in real time.
IBM stocks responded well to the news, with investors increasing 2.4% to 275.23. Since the start of the year, IBM has grown by 25%, making it one of the hottest quantum computing stock options in the US market.
On March 18, IBM announced that it was working with Nvidia to make AI more powerful and accessible for businesses. The plan is to integrate NVIDIA’s AI data platform into IBM’s hybrid crowd setup to help businesses improve data management and scale AI efficiently. IBM Consulting is also intervening to help businesses automate their workflows using NVIDIA’s AI tools. As one of the world’s most powerful AI chip makers and boasts hype around the potential launch of IBM Quantum Starling, IBM is growing ahead of its stock, making it equally valuable.
