- Google has published a new quantum algorithm called “Quantum Echoes” in the journal Nature.
- Quantum Echoes operated on Google’s in-house quantum chip and was reported to be 13,000 times faster than top classical algorithms on leading supercomputers.
- Alphabet CEO Sundar Pichai said the algorithm could help explain atomic interactions, paving the way for advances in drug discovery and materials science.
- Elon Musk publicly acknowledged the milestone, noting quantum computing’s increasing relevance.
- Several quantum computing firms are in talks with the U.S. Commerce Department for potential investment of about $10 million each, according to a Wall Street Journal report.
Google announced a significant advancement in quantum computing on Wednesday, revealing the development of a new algorithm named “Quantum Echoes.” The details of this breakthrough were published in the scientific journal Nature.
Alphabet CEO Sundar Pichai shared that the Quantum Echoes algorithm, running on Google’s “Willow” quantum chip, outperformed the best traditional algorithm by a factor of 13,000 on one of the world’s most powerful supercomputers. He explained the technology can simulate interactions between atoms in a molecule using nuclear magnetic resonance, a method which could potentially drive innovation in pharmaceuticals and advanced materials.
Commenting on the announcement, Tesla CEO Elon Musk congratulated Pichai, posting on social media that, “quantum computing is becoming relevant.” Pichai agreed with Musk’s assessment in the same discussion.
While top technology firms such as Alphabet, IBM, and Microsoft invest heavily in quantum computing, some industry experts remain cautious about the technology’s immediate impact. Critics highlight challenges in building scalable quantum machines, as well as the high costs and current limitations in application.
Quantum computing saw renewed institutional interest when JPMorgan placed it on a list of 27 strategic industries for a planned $10 billion investment. In addition, a Wall Street Journal report indicated that companies including Rigetti Computing, IonQ, D-Wave, and Quantum Computing are negotiating with the U.S. Commerce Department for up to $10 million in funding each, in exchange for government stakes.
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