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quantum computer companyCNBC
•Technology
Technology
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Startups in the space attracted about $2 billion in 2024 , according to McKinsey & Co. But the technology has limited real-world application today and is mostly focused on simulating chemistry and physics.
Google , Microsoft , Amazon , IBM and the U.S. government are spending millions of dollars in a race to develop and build the first practical quantum computer.
Google and Microsoft say they've proven "quantum supremacy" Google was the first to declare quantum supremacy in 2019 .
There's no practical application or algorithm that can be run on a quantum computer that can't today be done on a digital computer.
Google says quantum computers will be able to do the science needed to commercialize fusion energy.
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