"Quantum" has been one of the forite buzzwords of the last decade. In the case of quantum computing, physical evidence of the technology being applied has been sorely lacking. As you would imagine, that has left the credibility of the entire industry on loose soil. Quantum computing is an incredibly complex concept to understand — much less implement — but there's some recent progress that should spark interest.
Before this year, the most high-profile development in quantum computing came in 2019. Google claimed to he achieved quantum supremacy through Sycamore, its quantum computer. According to Google's claims, Sycamore performed a sampling task that would take state-of-the-art supercomputers 10,000 years in 200 seconds.
The specifics of this performance he been debated by experts in the field, with some alleging an exaggeration of Sycamore's speed. Couple that with the sentiment that quantum computing isn't truly useful yet — a feeling backed up by Nvidia boss Jensen Huang, who suggested that the tech is still about 15 to 30 years away — and you he an industry that is borderline cosmetic.
However, things are heating up lately. Last month, Quantinuum commercially launched its Helios system. As part of early testing, firms such as JP Morgan Chase, Amgen, and BMW are reported to he used the framework to conduct industry-relevant research. This development, coupled with the considerable influx of investment capital, points to a turning of the tide for quantum computing sooner than anyone expected.