IBM has received a multi-year grant from the Intelligence Advanced Research Projects Activity to further study superconducting qubits the company believes could eventually facilitate development of a universal quantum computer.
The company said Tuesday it aims to help IARPA design a logical qubit from multiple imperfect physical qubits and tackle computational limitations in existing quantum systems through the agency’s LogiQ program.
“Quantum computing promises to deliver exponentially more speed and power not achievable by today's most powerful computers with the potential to impact business needs on a global scale,” said Arvind Krishna, a senior vice president and director for IBM’s research business.
IARPA’s program also seeks a multidisciplinary approach to manage quantum data fragility caused by system errors and environmental factors.
IBM held a three-day forum at New York’s T. J. Watson Research Center to present the company’s quantum research findings to public- and private-sector executives, scientists and investors.