That race is hotting up. In July Microsoft cemented its long-standing quantum computing research relationship with the University of Sydney, with the signing of a multi-year investment deal understood to be in the multiple millions.
While nobody has yet built a proven quantum computer, a number of firms have already announced plans to make the technology commercially available.
Researchers at Google’s Quantum AI Laboratory said in a March Nature editorial that the company would “commercialise quantum technologies within five years”. In the same month, IBM announced its commercial 'Q' quantum computing program would deliver paid quantum computing services via the cloud to users before the end of the year.
Microsoft, however, told Computerworld in July that it was “still trying to figure out” a business model for the technology.
Sign up for CIO Asia eNewsletters.