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Meet the companies racing to build quantum chips

Quantum computing has long been announced as “just around the corner,” but several companies are now determined to make this a commercial reality, with the promise of solving complex problems beyond classical computers’ reach. The problems in question are wide-ranging, from medicine and cybersecurity to materials science and chemistry. But first, there are very practical … Read more

A New Quantum Algorithm Speeds Up Solving a Huge Class of Problems

The original version of this story appeared in Quanta Magazine. For computer scientists, solving problems is a bit like mountaineering. First they must choose a problem to solve—akin to identifying a peak to climb—and then they must develop a strategy to solve it. Classical and quantum researchers compete using different strategies, with a healthy rivalry … Read more

Project 11 challenges everyone to crack the Bitcoin key using a quantum computer. The reward is 1 BTC

Project 11, a quantum computing research company, announced a competition titled the Q-Day Prize on April 16, 2025. To win, participants must break the largest portion of a toy version of Bitcoin’s ECC key using Shor’s algorithm on a quantum computer. The deadline is April 5, 2026. The prize: 1 BTC. The mission behind the … Read more

Google quantum exec says tech is ‘5 years out from a real breakout’

A handout picture from October 2019 shows Sundar Pichai with one of Google’s Quantum Computers in the Santa Barbara lab, California, U.S. Picture taken in October 2019. Google/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. Handout . | Reuters One of Google’s top executives working on quantum computers said he believe … Read more

Nvidia’s CEO tried to help quantum companies, but a sell-off in the stocks ensued

Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, on March 20, 2025. Stephen Nellis | Reuters Nvidia CEO Jensen Huang spoke at the chipmaker’s annual conference on Thursday, aiming to walk back past comments on the decadeslong timeline needed for useful quantum computers. But … Read more

Nvidia CEO says he was surprised that publicly held quantum firms exist

Nvidia Corp. Chief Executive Officer Jensen Huang said he didn’t realize there were publicly traded quantum-computing companies when he made earlier comments that caused industry stocks to crash. “My first reaction was, I didn’t know they were public. How can a quantum company be public?” Huang said at an event Thursday focused on the still-nascent … Read more

Nvidia CEO Huang says was wrong about timeline for quantum computing

Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025.  Stephen Nellis | Reuters Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the … Read more

Dutch startup QuantWare seeks to fast-track quantum computing

Big tech companies aren’t sleeping on quantum chips: Amazon Web Services introduced Ocelot; Microsoft, Majorana; and Google, Willow. But although all of these can be considered to be breakthroughs, quantum startups often focus on more practical advancements — and they are making progress. Founded in 2020, Dutch startup QuantWare is one of these, which claims … Read more

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