Promising another giant stride in its innovation journey IBM stated that it will launch 1000 qubit quantum processer by the end of 2023.
New Delhi, NFAPost: Revealing the company’s game plan, IBM in its annual report stated that the company continues to lead the development of quantum computing. IBM Research continues to advance the fundamental science of computing, driving innovation and pioneering a new era of accelerated discovery.
“This year, we delivered operational quantum computers to Japan and Germany, deployed the world’s first 127-qubit processor, and are now on our way to a 1,000-qubit processor by the end of 2023,” states the company in its report.
The global tech giant also stated that it forged a series of long-term partnerships with universities, governments, and hospitals to develop quantum applications that will accelerate the discovery of everything from medicine to materials.
In 2021, IBM unveiled the world’s first 2-nanometer chip technology, which will allow 50 billion transistors to fit on a chip the size of a fingernail.
The company unveiled two major breakthroughs in semiconductor design in 2021. First, the world’s first 2-nanometer chip technology, which will allow 50 billion transistors to fit on a chip the size of a fingernail. The chips are expected to achieve 45% higher performance than today’s 7-nanometer chips.
The second breakthrough, in collaboration with our Albany Research Alliance partner Samsung, IBM Research introduced a completely new approach to semiconductor design called Vertical-Transport Nanosheet Field Effect Transistor, or VTFET, which could help keep Moore’s law alive for years to come.
Commenting on the company’s responsible stewardship for the digital age, IBM Chairman and Chief Executive Officer Arvind Krishna said in a letter that IBM always understood its responsibilities extend far beyond the bottom line.
“That is why we embrace our leadership role in defining good tech in the digital age. Among the most pressing challenges facing our society today is closing the STEM skills gap, which holds back both technological and socioeconomic progress. To address this issue, IBM regularly engages at the highest levels of government to improve access to the education and skills needed for modern, rewarding jobs,” said IBM Chairman and Chief Executive Officer Arvind Krishna.
In addition, IBM has committed to providing 30 million people of all ages with critical skills by 2030, by fostering more than 50 new partnerships for the IBM SkillsBuild programme.
IBM also continues to make progress on diversity and inclusion, which the company believes is imperative for the health of the business and society.