Google and XPRIZE Are Awarding $5 Million to Anyone Who Develops Quantum Computing Algorithms For Real Life. Here’s What The Technology Can Do.

Google, the Geneva Science and Diplomacy Anticipator (GESDA), and XPRIZE launched a competition Monday that will award $5 million over three years to teams who can find real-life applications for quantum computers.

Quantum computers process information differently from the regular, classical computers in use today, which allows them to complete certain tasks in shorter periods of time. Google researchers found in 2019 that a quantum computer took 200 seconds to complete a task that a high-performing supercomputer, which IBM estimates can have a million times more processing power than a standard laptop, would take 10,000 years to complete.

The problem that the XPRIZE competition sets out to solve is the disconnect

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Device helps people who are blind or have low vision experience a solar eclipse

A team of astronomers has created a device that lets people who are blind or have low vision experience a solar eclipse. ...

Super Tuesday was the biggest test yet to this year’s voting systems

Indications are that things generally went smoothly — good news in a year that has experts worried about the state of democracy. ...

The health care system is on the brink of disaster because of a cyberattack

Because one company, Change Healthcare, has been hit with a cyberattack, people across the country are having trouble filling prescriptions, and doctors haven't been...