Expectations that quantum systems would by now be close to commercial uses prompted a wave of funding for the technology in recent years. But signs that business applications are further off than expected have led to warnings of a possible “quantum winter” of waning investor confidence and financial backing. IBM’s announcements suggest the technology’s main applications have not yet fully extended to the broad range of commercialisable computing tasks many in the field want to see. “It’s going to take a while before we go from scientific value to, let’s say, business value,” said Jay Gambetta, IBM’s vice-president of quantum. “But in my opinion the difference between research and commercialisation is getting tighter.”
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