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IBM Quantum Computing Progress Edges Toward Eventual Utility

Osprey has 433 qubits, the fundamental data processing element inside these weird machines.

In a move that bodes well for quantum computing’s long-term prospects, IBM said Wednesday it’s built a new machine called Osprey with 433 qubits. Tripling the total number of data processing elements compared with last year significantly increases the computational power of the system.

IBM has been working steadily for years to make quantum computing a commercial success, competing against big companies like Google and Intel, earlier specialists like D-Wave and Rigetti Computing, and newer startups like Atom Computing and Pasqal. Quantum computing promises to conquer challenges out of reach of the conventional technology that powers smartwatches and supercomputers.

One of the most promising domains for quantum computing is materials science, where quantum chemistry simulations could improve solar panels, batteries and other devices that operate at the molecular level. But quantum computing fans also hope to bring new tools to AI, logistics, and finance. With a slowing Moore’s Law constraining conventional computing, that could mean important new progress.

It’ll take years more progress before quantum computers deliver on their revolutionary progress, but delivering on promised steps toward the ultimate goal is important. Without the progress, the billions of dollars of investment could dry up and a quantum winter could chill the industry.

IBM actually announced two new Osprey systems. The first is fully tested, said Jay Gambetta, vice president of IBM’s quantum computing work.

«It works. It’s alive. All the qubits are good,» Gambetta said. «It’s another confirmation of the road map as we build larger and larger devices.»

The second incorporates improvements made to Osprey’s predecessor, Eagle, that extends the lifespan of calculations. Quantum computers today are limited by «coherence» time, which governs how long finicky qubits can maintain their state and connections to each other.

The improvements to IBM’s quantum processor design reduces electronic noise that can derail calculations, roughly doubling coherence time to 200 millionths of a second. That’s long enough for hundreds of calculation steps.

New IBM customers include telecommunications giant Vodafone, which is investigating quantum-safe cryptography, and French bank Crédit Mutuel, which is looking into financial services applications, IBM said.

IBM’s supercomputers, like those of Google and Rigetti, are called superconducting quantum computers. They rely on very cold temperatures just a fraction of a degree above absolute zero and colder than space. And they’re housed in increasingly large and expensive cylindrical refrigerators.

To get signals in and out of the quantum computers through ever-colder refrigeration zones, IBM previously used loops of gleaming cables. Now it’s got a new method, though, ribbons of communication links that are more compact.

«We solved a bottleneck in scale,» Gambetta said.

More scaling is on the horizon. For 2023, IBM plans to build 1,121-qubit Condor. After that comes 1,386-qubit Flamingo in 2024 and 4,158-qubit Kookaburra in 2025.

Correction at 8:32 a.m. PT: The story misstated the temperature at which IBM’s computer operates. It runs at a fraction of a degree above absolute zero.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success! 

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Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 WalletCoinbase Web3 WalletOKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

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Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.

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