{"id":100141,"date":"2025-08-27T06:04:17","date_gmt":"2025-08-27T06:04:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/100141\/"},"modified":"2025-08-27T06:04:17","modified_gmt":"2025-08-27T06:04:17","slug":"114-year-old-tech-company-makes-deal-to-become-quantum-computing-leader","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/100141\/","title":{"rendered":"114-year-old tech company makes deal to become quantum computing leader"},"content":{"rendered":"\n<p class=\"yf-1090901\">Technology stalwart Intenational Business Machines (IBM) has accomplished many milestones since it began\u00a0selling commercial scales, industrial time recorders, and punched-card tabulators in 1911.<\/p>\n<p class=\"yf-1090901\">These include:<\/p>\n<p class=\"yf-1090901\">Developing the\u00a0first large-scale automatic digital computer in 1944<\/p>\n<p class=\"yf-1090901\">Introducing the first commercial stored-program computer in 1952<\/p>\n<p class=\"yf-1090901\">Creating the world&#8217;s first magnetic hard disk in 1956<\/p>\n<p class=\"yf-1090901\">Developing FORTRAN, the first widely used programming language, in 1957<\/p>\n<p class=\"yf-1090901\">Building the Saturn V rocket guidance systems that sent the first men to the moon<\/p>\n<p class=\"yf-1090901\">Inventing magnetic strips used for credit cards in the 1970s<\/p>\n<p class=\"yf-1090901\">Building the highly popular IBM model 5150, which became a dominant platform in the microcomputer market in 1981<\/p>\n<p class=\"yf-1090901\">Pivoting to bet big on software in the 2000s<\/p>\n<p class=\"yf-1090901\">Now IBM is set on another significant milestone: developing commercial-grade quantum computers with the help of another seasoned tech company, Advanced Micro Devices, which was founded 56 years ago.<\/p>\n<p>     <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"IBM is partnering with AMD to build quantum computers.Image source&amp;colon; Weiss&amp;sol;Getty Images\" loading=\"eager\" height=\"541\" width=\"960\" class=\"yf-1gfnohs loader\"\/> IBM is partnering with AMD to build quantum computers.Image source&amp;colon; Weiss&amp;sol;Getty Images           <\/p>\n<p class=\"yf-1090901\">Today, our computers use bits that can only be 0 or 1 (called binary code) and perform tasks one at a time.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/finance.yahoo.com\/news\/microsoft-ceo-sends-surprising-message-143700207.html\" data-ylk=\"slk:Related: Microsoft CEO sends a surprising message on quantum computing;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Related: Microsoft CEO sends a surprising message on quantum computing<\/a><\/p>\n<p class=\"yf-1090901\">In contrast, Quantum computers use a qubit that can simultaneously be 0, 1, or a combination in something called superposition. By linking qubits, which is called entanglement, you can further increase processing power, allowing complex calculations to be done simultaneously.<\/p>\n<p class=\"yf-1090901\">The speed and power associated with leveraging the principles of quantum mechanics for computing are expected to unlock insight that would otherwise take generations.<\/p>\n<p class=\"yf-1090901\">While all the real-world applications of quantum computing remain to be seen, it could eventually be used to develop new materials and better medicines, enabling the development of next-generation airplanes, rockets, and autonomous vehicles.<\/p>\n<p class=\"yf-1090901\">Banks may use it to improve risk models, while technology companies use it to create next-generation cybersecurity solutions and accelerate artificial intelligence and machine learning.<\/p>\n<p class=\"yf-1090901\">IBM has been working on quantum computing for about 20 years, and it launched\u00a0IBM Quantum Experience \u2014 an early online quantum computing platform \u2014 in 2016.<\/p>\n<p class=\"yf-1090901\">These days, the company&#8217;s goal is to create its first fault-tolerant, commercially available quantum computer by 2029. Its Starling supercomputer system will autocorrect quantum errors on the fly, enabling commercial-grade use by government and enterprises.<\/p>\n<p> Story Continues <\/p>\n<p class=\"yf-1090901\">Specifically, <a href=\"https:\/\/www.ibm.com\/quantum\/technology\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:IBM;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">IBM<\/a> said:<\/p>\n<p class=\"yf-1ba2ufg\">&#8220;When it\u2019s complete, that system will have the ability to run 100 million logical operations on 200 logical qubits \u2014 a feat that no quantum computer on earth can achieve today.&#8221;<\/p>\n<p class=\"yf-1090901\">It&#8217;s a big goal, and reaching it will require extensive collaboration with technology partners who are also developing next-generation solutions to power its systems.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/finance.yahoo.com\/news\/ionq-makes-surprising-move-drive-184700625.html\" data-ylk=\"slk:Related: IonQ makes surprising move to drive quantum computing adoption;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Related: IonQ makes surprising move to drive quantum computing adoption<\/a><\/p>\n<p class=\"yf-1090901\">To that end, IBM\u00a0 (<a href=\"https:\/\/finance.yahoo.com\/quote\/IBM\" data-ylk=\"slk:IBM;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">IBM<\/a>) \u00a0and AMD\u00a0 (<a href=\"https:\/\/finance.yahoo.com\/quote\/AMD\" data-ylk=\"slk:AMD;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">AMD<\/a>) \u00a0revealed on Aug. 26 that they&#8217;ll be working together, leveraging IBM&#8217;s quantum computing chops and AMD&#8217;s research into artificial intelligence chips to build next-generation computers.<\/p>\n<p class=\"yf-1090901\">IBM isn&#8217;t the first to tap into AMD&#8217;s prowess in building high-performance CPUs and GPUs for superfast computing.<\/p>\n<p class=\"yf-1090901\">&#8220;AMD processors, both CPUs and GPUs, power the U.S. Department of Energy&#8217;s &#8216;Frontier&#8217; supercomputer at the Oak Ridge National Laboratory. This is the first supercomputer to ever officially break the exascale barrier,&#8221; <a href=\"https:\/\/pro.thestreet.com\/trade-ideas\/amd-imb-take-a-quantum-leap-together-should-investors-also-jump-in\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:wrote;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">wrote<\/a> Wall Street veteran analyst Stephen Guilfoyle on TheStreet Pro. &#8220;The exascale barrier is the ability of a system to achieve a quintillion calculations per second.&#8221;<\/p>\n<p class=\"yf-1090901\">Quantum computers are anticipated to be even faster than exascale computers for complex applications because they can perform tasks simultaneously, allowing them to tackle problems considered unsolvable today.<\/p>\n<p class=\"yf-1090901\">As <a href=\"https:\/\/www.ibm.com\/think\/topics\/quantum-computing\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:IBM;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">IBM<\/a> explained:<\/p>\n<p class=\"yf-1ba2ufg\">&#8220;By taking advantage of quantum physics, large-scale quantum computers would be able to tackle certain complex problems many times faster than modern classical machines. With a quantum computer, some problems that might take a classical computer thousands of years to solve might be solved in a matter of minutes or hours.&#8221;<\/p>\n<p class=\"yf-1090901\">The collaboration with AMD offers IBM some pretty compelling benefits, including access to AMD&#8217;s AI accelerators like its AMD Instinct lineup, including the MI350 Series chips built to compete against Nvidia&#8217;s Blackwell AI chips.<\/p>\n<p class=\"yf-1090901\">Hyperscalers increasingly use AMD&#8217;s M-series chips to handle AI training and inference in their cloud data centers.<\/p>\n<p class=\"yf-1090901\">&#8220;As we partner with IBM to explore the convergence of high-performance computing and quantum technologies, we see tremendous opportunities to accelerate discovery and innovation,&#8221; said AMD&#8217;s CEO Lisa Su about the collaboration.<\/p>\n<p class=\"yf-1090901\">Let&#8217;s face it: Some things are better than others at specific tasks, and IBM and AMD&#8217;s new relationship recognizes that this applies to computers, too.<\/p>\n<p class=\"yf-1090901\">While quantum computers will excel at simulations, supercomputers like Frontier can excel at machine learning. Merging the strengths from each approach could significantly accelerate timelines for turning ideas into real-world solutions.<\/p>\n<p class=\"yf-1ba2ufg\">&#8220;In\u00a0the future, quantum computers could simulate the behavior of atoms and molecules, while classical supercomputers powered by AI could handle massive data analysis,&#8221; <a href=\"https:\/\/newsroom.ibm.com\/2025-08-26-ibm-and-amd-join-forces-to-build-the-future-of-computing\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:IBM;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">IBM<\/a> said.<\/p>\n<p class=\"yf-1090901\">More Tech Stocks:<\/p>\n<p class=\"yf-1090901\">IBM believes that working together to merge AMD&#8217;s CPUs, GPUs, and FPGAs with its quantum computers will support its 2029 goals, partly by enabling real-time error corrections.<\/p>\n<p class=\"yf-1090901\">That could unleash a tremendous opportunity for IBM.<\/p>\n<p class=\"yf-1090901\">&#8220;Surging investment and faster-than-expected innovation could propel the quantum market to $100 billion in a decade,&#8221; <a href=\"https:\/\/www.mckinsey.com\/capabilities\/mckinsey-digital\/our-insights\/the-year-of-quantum-from-concept-to-reality-in-2025\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:wrote;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">wrote<\/a> McKinsey analysts in June.<\/p>\n<p class=\"yf-1090901\">McKinsey estimates that quantum computing revenue could skyrocket from about $4 billion in 2024 to up to $72 billion in 2035.<\/p>\n<p class=\"yf-1090901\">&#8220;We predict that by 2040, the total QT [quantitative technology] market could reach $198 billion,&#8221; wrote McKinsey.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/finance.yahoo.com\/news\/influential-analyst-drops-fresh-nvidia-164700522.html\" data-ylk=\"slk:Related: Influential analyst drops fresh take on Nvidia ahead of key report;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Related: Influential analyst drops fresh take on Nvidia ahead of key report<\/a><\/p>\n<p class=\"yf-1090901\">This story was originally reported by <a href=\"https:\/\/www.thestreet.com\/technology\/114-year-old-technology-goliath-bets-big-on-quantum-computing\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:TheStreet;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TheStreet<\/a> on Aug 26, 2025, where it first appeared in the <a href=\"https:\/\/www.thestreet.com\/technology\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Technology Business News;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Technology Business News<\/a> section. Add TheStreet as a <a href=\"https:\/\/google.com\/preferences\/source?q=thestreet.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Preferred Source by clicking here.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Preferred Source by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Technology stalwart Intenational Business Machines (IBM) has accomplished many milestones since it began\u00a0selling commercial scales, industrial time recorders,&hellip;\n","protected":false},"author":2,"featured_media":100142,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[49,48,285,7102,3383,6814,61],"class_list":{"0":"post-100141","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ca","9":"tag-canada","10":"tag-computing","11":"tag-quantum","12":"tag-quantum-computers","13":"tag-quantum-mechanics","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/100141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=100141"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/100141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/100142"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=100141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=100141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=100141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}