Quantum computing nears commercial breakthrough, IBM CEO says
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.
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Summary
- IBM expects quantum computing to contribute to revenue and profit by 2028 or 2029, CEO Arvind Krishna said.
- Companies including Alphabet, IonQ and Rigetti are racing to commercialize the technology.
- Bitcoin miners and the crypto industry are watching quantum’s infrastructure needs and long-term security implications.
