IBM says 'Loon' chip shows path to useful quantum computers by 2029

Core Insights - IBM has developed a new experimental quantum computing chip named Loon, marking a significant milestone towards creating practical quantum computers by the end of the decade [1] Company Summary - The Loon chip represents IBM's ongoing commitment to advancing quantum computing technology, which is expected to have transformative impacts across various industries [1] - This development is part of IBM's broader strategy to lead in the quantum computing space, aiming to make quantum technology accessible and useful for real-world applications [1]