Google has just made one of the biggest breakthroughs ever in quantum computing. Is it just the beginning of a new paradigm?

‍What’s happening:‍

• Google (NASDAQ: GOOG) has officially debuted their new breakthrough quantum computing chip Willow
  

By the numbers:‍

• The Willow chip has 105 qubits, which is twice the amount of Google’s last quantum computing chip Sycamore
  
• Willow successfully completed a computation in less than 5 minutes which would take the world’s fastest supercomputer approximately 10 septillion years to be able to solve
  

Why it matters:‍

• The new Willow chip represents one of the biggest ever breakthrough in quantum computing due to its exceptionally high ability rapidly perform computations and its ability to mitigate against errors, which has been a major point of focus for quantum computing researchers for decades
  

Going deeper:‍

• Google’s Willow chip also validates that quantum computing may have the ability to radically disrupt areas of science and technology far beyond what artificial intelligence and supercomputers are currently capable of, from new drug discovery to complex data encryption
  

The intrigue:‍

• The public markets have been experiencing their own euphoria around quantum computing companies lately, fuelled by new deals from IonQ (NYSE: IONQ) and Quantum Computing Inc (NASDAQ: QUBT)

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