Forget Rigetti Computing: Serious Investors Are Placing Their Chips on This Enterprise‑Ready Quantum Platform

Core Insights - IBM is a long-established company that has successfully adapted to new technologies, particularly in quantum computing, positioning itself as a leader in the field [1][2] Company Overview - IBM was founded in 1911 and has maintained its reputation for innovation despite its age [1] - The company is recognized for its significant resources and reputation in the quantum computing sector, outpacing competitors like Rigetti Computing and D-Wave Quantum [2] Quantum Computing Technology - Quantum computers utilize quantum bits (qubits) to perform complex calculations, differing fundamentally from classical computers that use binary bits [5][6] - Qubits can exist in multiple states simultaneously, allowing quantum computers to solve problems much faster than classical computers, although they are not suited for everyday tasks [7] IBM's Quantum Capabilities - IBM currently offers 2,299 qubits for customer use and possesses the largest quantum computer with 1,121 qubits [8] - The Nighthawk quantum processor, IBM's latest innovation, features a scalable 120-qubit design that enhances complexity by 30% compared to its predecessor, the Heron chip [9] - The Nighthawk chip also boasts a 20% increase in inter-qubit connections, enabling it to handle larger and more complex workloads [10]