Intel sealed a 10-year deal with two Dutch institutions interested in developing quantum computers. According to the deal, Intel would provide TNO, the Dutch Organization for Applied Research and Delft University of Technology (TU Delft) in Netherlands with $50 million worth of grants and the technological expertise required to design the necessary computing architecture.
But computing research is not a novelty. Google ha s hugely invested in the technology, and so did IBM. Google Inc. even partnered with NASA and now has a laboratory dedicated to quantum computing. The web search giant allegedly tested quantum computer hardware designed by a Canadian start-up a few years ago. Lockheed Martin has already purchased a similar hardware from the firm a couple of years ago. The company uses the computer for probabilistic problem solving related to its business.
But a quantum computer won’t be available sooner than 2040, experts claim, due to various technical hassles.
Additionally, the current technology can be improved, and that’s what Intel is trying to do. Engineers claim that current computers are close to a technological deadlock because there is no physical way of cramming more transistors on their boards to keep them faster, smarter, and smaller than previous models. So, researchers look for new ways of improving the systems without sacrificing space. And quantum computing may be the answer.
Quantum computers are super-fast and incredibly powerful just because they do not calculate in the same manner traditional computers do. For a quantum computer, a bit of information can have the value 0 and 1 at the same time. In several days, these computers can solve problems that conventional computers would need millennia to crack open.
Engineers claim that quantum computing can help medical research find innovative cures to cancer by finding invisible patterns in zillions of data. The machine may also help astronomers get to the bottom of s complicated issued detected in the Universe. They may also help brokers get rich overnight. The possibilities are endless.
Qubits are the bits of information used by quantum computers. Qubits are extremely volatile and constantly changing. They can only be stabilized when exposed to really low temperatures.
Mike Mayberry, the VP of Intel Labs, explained that the recent deal aims at developing the necessary technology to control qubits, while Intel’s CEO Brian Krzanich boasted that the company was perfect for the job.
“We can help with scaling this technology. Why am I so confident? Because this is what we do best,”
Mr. Krzanich told investors.
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