IBM Claims New Era of Quantum Advantage

Qedma, a Glilot Capital portfolio company, was one of IBM’s partners on new research that IBM says demonstrates verifiable quantum advantage. The results can be independently checked, not only benchmarked. IBM says it is working toward a fault-tolerant quantum computer by 2029.

Related: Israeli quantum startup Qedma just raised $26M, with IBM joining in

IBM says newly published research demonstrates verifiable quantum advantage, with results that can be independently checked rather than just benchmarked. The findings, produced with partners including the University of Chicago, RIKEN and Qedma, mark a step toward using quantum systems for real scientific and business applications as IBM works toward a fault-tolerant quantum computer by 2029.