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The Promise of Quantum Computing: A Glimpse into the Future
Discover the potential of quantum computing technology and how it can revolutionize various industries. Learn about the advancements in quantum computers and the significant impact they could have on solving complex problems. Dive into the world of quantum computing stocks and why investors are keeping a close eye on this innovative field.
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No chapters for this video generated yet.
Video Transcript
This is a chip manufacturing tool. This is the biggest molecular beam epitaxy tool in the world as far as we know.
And this tool is making a very special material that we need to realize any kind of useful quantum computer.
California-based startup PsiQuantum is one of the many companies working to make large-scale quantum computing a reality.
We are inside the Stanford Linear Accelerator cryo plant that makes liquid helium.
And cyclotamine is using a little bit of that helium.
And what we do is we load chips into this cabinet to cool those chips to very low temperature.
So this is minus 270 degrees Celsius.
It's about 2.3 Kelvin base temperature, which is the same temperature as deep space.
Quantum computers promise to solve problems that are impossible for traditional computers,
with the potential to transform entire sectors, including material science,
pharmaceutical research and financial services.
Investors have also been bullish about the technology's future, with some quantum computing stocks rallying over 1,000% in 2024.
If investors are looking for the next big jackpot, it sounds like they're really focusing attention on quantum computing stocks.
Excitement around quantum computing reached a fever pitch after Google announced its Willow quantum chip at the end of last year.
By our best estimates, a calculation that takes Willow under five minutes would take the fastest supercomputer 10 to the 25 years, or a timescale way longer than the age of the universe.
Since then, a slew of other announcements from other tech giants have sustained that hype around and investment in the technology.
Microsoft announcing what it calls a quantum computer breakthrough with its new Mayowana One chip.
Amazon jumping into the quantum computing race with its first chip.
We're going to open a quantum research lab in Boston.
It will likely be the most advanced, accelerated computing,
hybrid quantum computing research lab in the world.
Intel and IBM are also working to develop quantum technology,
as are governments and numerous startups.
The United Nations has even proclaimed 2025.
as the International Year of Quantum Science.
It's a new class of computation
that I think can dramatically change most aspects
of industry, commerce, and science.
By some estimates, greater than $50 billion
have been pledged to quantum technologies,
of which quantum computing is one,
by governments around the world.
Despite massive advancements in the field in recent years,
right now, these quantum computers are not able to solve
the big real-world problems.
It's still more theoretical.
CNBC visited one Silicon Valley startup to find out how close we are to having a useful quantum computer and spoke to experts about the major challenges this tech still faces as engineers work to transition it from lab experimentation to commercial viability.
The theory of quantum computing has been around since the 1980s when physicists first suggested that quantum mechanics could be used for computation.
By taking advantage of quantum physics, quantum computers are able to produce huge leaps in
processing power and solve problems that conventional computers simply cannot manage.
There are two really important special quantum mechanical properties that give quantum computers
an advantage on classical computers in solving certain types of problems.
The first is called superposition.
The second is entanglement.
Unlike classical computers, which store information in bits, with each bit
representing either a 1 or 0, quantum computers use quantum bits or qubits,
which can exist in superposition of 1 and 0, meaning they hold multiple
possibilities simultaneously. Qubits can also be entangled, where the state of one
instantaneously affects the other, no matter the distance. These properties
enable quantum computers to solve certain types of problems exponentially faster than
Video Summary & Chapters
No chapters for this video generated yet.
Video Transcript
This is a chip manufacturing tool. This is the biggest molecular beam epitaxy tool in the world as far as we know.
And this tool is making a very special material that we need to realize any kind of useful quantum computer.
California-based startup PsiQuantum is one of the many companies working to make large-scale quantum computing a reality.
We are inside the Stanford Linear Accelerator cryo plant that makes liquid helium.
And cyclotamine is using a little bit of that helium.
And what we do is we load chips into this cabinet to cool those chips to very low temperature.
So this is minus 270 degrees Celsius.
It's about 2.3 Kelvin base temperature, which is the same temperature as deep space.
Quantum computers promise to solve problems that are impossible for traditional computers,
with the potential to transform entire sectors, including material science,
pharmaceutical research and financial services.
Investors have also been bullish about the technology's future, with some quantum computing stocks rallying over 1,000% in 2024.
If investors are looking for the next big jackpot, it sounds like they're really focusing attention on quantum computing stocks.
Excitement around quantum computing reached a fever pitch after Google announced its Willow quantum chip at the end of last year.
By our best estimates, a calculation that takes Willow under five minutes would take the fastest supercomputer 10 to the 25 years, or a timescale way longer than the age of the universe.
Since then, a slew of other announcements from other tech giants have sustained that hype around and investment in the technology.
Microsoft announcing what it calls a quantum computer breakthrough with its new Mayowana One chip.
Amazon jumping into the quantum computing race with its first chip.
We're going to open a quantum research lab in Boston.
It will likely be the most advanced, accelerated computing,
hybrid quantum computing research lab in the world.
Intel and IBM are also working to develop quantum technology,
as are governments and numerous startups.
The United Nations has even proclaimed 2025.
as the International Year of Quantum Science.
It's a new class of computation
that I think can dramatically change most aspects
of industry, commerce, and science.
By some estimates, greater than $50 billion
have been pledged to quantum technologies,
of which quantum computing is one,
by governments around the world.
Despite massive advancements in the field in recent years,
right now, these quantum computers are not able to solve
the big real-world problems.
It's still more theoretical.
CNBC visited one Silicon Valley startup to find out how close we are to having a useful quantum computer and spoke to experts about the major
challenges this tech still faces as engineers work to transition it from lab experimentation to commercial viability.
The theory of quantum computing has been around since the 1980s when physicists first suggested that quantum mechanics could be used for
computation. By taking advantage of quantum physics, quantum computers are able to produce huge leaps in processing
power and solve problems that conventional computers simply cannot manage.
There are two really important special quantum mechanical properties that give quantum computers an advantage on
classical computers in solving certain types of problems.
The first is called superposition.
The second is entanglement.
Unlike classical computers, which store information in bits, with each bit
representing either a 1 or 0, quantum computers use quantum bits or qubits,
which can exist in superposition of 1 and 0, meaning they hold multiple
possibilities simultaneously. Qubits can also be entangled, where the state of one
instantaneously affects the other, no matter the distance. These properties
Video Summary & Chapters
No chapters for this video generated yet.
Video Transcript
This is a chip manufacturing tool. This is the biggest molecular beam epitaxy tool in the world as far as we know.
And this tool is making a very special material that we need to realize any kind of useful quantum computer.
California-based startup PsiQuantum is one of the many companies working to make large-scale quantum computing a reality.
We are inside the Stanford Linear Accelerator cryo plant that makes liquid helium.
And cyclotamine is using a little bit of that helium.
And what we do is we load chips into this cabinet to cool those chips to very low temperature.
So this is minus 270 degrees Celsius.
It's about 2.3 Kelvin base temperature, which is the same temperature as deep space.
Quantum computers promise to solve problems that are impossible for traditional computers,
with the potential to transform entire sectors, including material science,
pharmaceutical research and financial services.
Investors have also been bullish about the technology's future, with some quantum computing stocks rallying over 1,000% in 2024.
If investors are looking for the next big jackpot, it sounds like they're really focusing attention on quantum computing stocks.
Excitement around quantum computing reached a fever pitch after Google announced its Willow quantum chip at the end of last year.
By our best estimates, a calculation that takes Willow under five minutes would take the fastest supercomputer 10 to the 25 years, or a timescale way longer than the age of the universe.
Since then, a slew of other announcements from other tech giants have sustained that hype around and investment in the technology.
Microsoft announcing what it calls a quantum computer breakthrough with its new Mayowana One chip.
Amazon jumping into the quantum computing race with its first chip.
We're going to open a quantum research lab in Boston.
It will likely be the most advanced, accelerated computing,
hybrid quantum computing research lab in the world.
Intel and IBM are also working to develop quantum technology,
as are governments and numerous startups.
The United Nations has even proclaimed 2025.
as the International Year of Quantum Science.
It's a new class of computation
that I think can dramatically change most aspects
of industry, commerce, and science.
By some estimates, greater than $50 billion
have been pledged to quantum technologies,
of which quantum computing is one,
by governments around the world.
Despite massive advancements in the field in recent years,
right now, these quantum computers are not able to solve
the big real-world problems.
It's still more theoretical.
CNBC visited one Silicon Valley startup to find out how close we are to having a useful quantum computer and spoke to experts about the major
challenges this tech still faces as engineers work to transition it from lab experimentation to commercial viability.
The theory of quantum computing has been around since the 1980s when physicists first suggested that quantum mechanics could be used for
computation. By taking advantage of quantum physics, quantum computers are able to produce huge leaps in processing
power and solve problems that conventional computers simply cannot manage.
There are two really important special quantum mechanical properties that give quantum computers an advantage on
classical computers in solving certain types of problems.
The first is called superposition.
The second is entanglement.
Unlike classical computers, which store information in bits, with each bit
representing either a 1 or 0, quantum computers use quantum bits or qubits,
which can exist in superposition of 1 and 0, meaning they hold multiple
possibilities simultaneously. Qubits can also be entangled, where the state of one
instantaneously affects the other, no matter the distance. These properties
Video Summary & Chapters
No chapters for this video generated yet.
Video Transcript
This is a chip manufacturing tool. This is the biggest molecular beam epitaxy tool in the world as far as we know.
And this tool is making a very special material that we need to realize any kind of useful quantum computer.
California-based startup PsiQuantum is one of the many companies working to make large-scale quantum computing a reality.
We are inside the Stanford Linear Accelerator cryo plant that makes liquid helium.
And cyclotamine is using a little bit of that helium.
And what we do is we load chips into this cabinet to cool those chips to very low temperature.
So this is minus 270 degrees Celsius.
It's about 2.3 Kelvin base temperature, which is the same temperature as deep space.
Quantum computers promise to solve problems that are impossible for traditional computers,
with the potential to transform entire sectors, including material science,
pharmaceutical research and financial services.
Investors have also been bullish about the technology's future, with some quantum computing stocks rallying over 1,000% in 2024.
If investors are looking for the next big jackpot, it sounds like they're really focusing attention on quantum computing stocks.
Excitement around quantum computing reached a fever pitch after Google announced its Willow quantum chip at the end of last year.
By our best estimates, a calculation that takes Willow under five minutes would take the fastest supercomputer 10 to the 25 years, or a timescale way longer than the age of the universe.
Since then, a slew of other announcements from other tech giants have sustained that hype around and investment in the technology.
Microsoft announcing what it calls a quantum computer breakthrough with its new Mayowana One chip.
Amazon jumping into the quantum computing race with its first chip.
We're going to open a quantum research lab in Boston.
It will likely be the most advanced, accelerated computing,
hybrid quantum computing research lab in the world.
Intel and IBM are also working to develop quantum technology,
as are governments and numerous startups.
The United Nations has even proclaimed 2025.
as the International Year of Quantum Science.
It's a new class of computation
that I think can dramatically change most aspects
of industry, commerce, and science.
By some estimates, greater than $50 billion
have been pledged to quantum technologies,
of which quantum computing is one,
by governments around the world.
Despite massive advancements in the field in recent years,
right now, these quantum computers are not able to solve
the big real-world problems.
It's still more theoretical.
CNBC visited one Silicon Valley startup to find out how close we are to having a useful quantum computer and spoke to experts about the major
challenges this tech still faces as engineers work to transition it from lab experimentation to commercial viability.
The theory of quantum computing has been around since the 1980s when physicists first suggested that quantum mechanics could be used for
computation. By taking advantage of quantum physics, quantum computers are able to produce huge leaps in processing
power and solve problems that conventional computers simply cannot manage.
There are two really important special quantum mechanical properties that give quantum computers an advantage on
classical computers in solving certain types of problems.
The first is called superposition.
The second is entanglement.
Unlike classical computers, which store information in bits, with each bit
representing either a 1 or 0, quantum computers use quantum bits or qubits,
which can exist in superposition of 1 and 0, meaning they hold multiple
possibilities simultaneously. Qubits can also be entangled, where the state of one
instantaneously affects the other, no matter the distance. These properties
