Mentioned:
The quest for quantum computing dominance is well underway. And now, IBM is expanding their technology into Europe.
What’s happening:
- IBM (NYSE: IBM) has officially opened their first European based IBM Quantum Computer Data Centre located in Ehnigen, Germany
Why it matters:
- The new data centre in Germany is the first quantum computing facility that IBM has ever opened outside of the United States of America
Going deeper:
- The IBM Quantum Computer Data Centre will host the most powerful quantum computers that IBM has developed, including their IBM Quantum System Two which contains a significantly longer qubit count than other quantum computers and is capable of performing much more complex problem solving
- IBM also plans to install their IBM Heron chip in the new facility in the near future, which is IBM’s most high performance chip that is designed specifically for quantum computing
- The new IBM facility is also aiming to broaden the accessibility of quantum computing technology for scientific researchers in Europe to be able to experiment with leveraging quantum computers for everything from chemistry to material science
The intrigue:
- Academic institutions have been embracing quantum computing lately, with the University of Maryland recently expanding their technology partnership with IonQ (NYSE: IONQ) and Montana State University previously purchasing their first ever quantum computers from quantum computing startup Orca