International Business Machines Corporation ( IBM ) and Cisco Systems, Inc. ( CSCO ) on Thursday disclosed plans to collaborate on building the foundation for networked distributed quantum computing.

Details

The partnership combines IBM's ( IBM ) expertise in practical quantum computers with Cisco's ( CSCO ) innovations in quantum networking.

The companies aim to scale large, fault-tolerant quantum systems beyond IBM's ( IBM ) current roadmap and tackle key challenges toward creating a quantum computing internet.

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IBM ( IBM ) and Cisco ( CSCO ) are targeting realization by the early 2030s. Within five years, the companies plan to showcase a proof-of-concept network linking large-scale, fault-tolerant quantum computers, enabling joint computations across tens to hundreds of thousands of qubits.

Notably, this network could execute trillions of quantum gates, supporting breakthrough applications in large-scale optimization and the design of advanced materials and medicines.

Management Commentary

Jay Gambetta, Director of IBM Research and IBM Fellow commented, “By working with Cisco ( CSCO ) to explore how to link multiple quantum computers like these together into a distributed network, we will pursue how to further scale quantum’s computational power.”

Vijoy Pandey, GM/SVP at Outshift by Cisco ( CSCO ), added, “IBM is building quantum computers with aggressive roadmaps for scale-up, and we are bringing quantum networking that enables scale-out. Together, we are solving this as a complete system problem, including the hardware to connect quantum computers, the software to run computations across them, and the networking intelligence that makes them work.”

Recent Such Deals

Recently, IBM ( IBM ) disclosed a series of quantum computing milestones at its annual Quantum Developer Conference, underscoring progress toward achieving quantum advantage by 2026 and fault-tolerant quantum computing by 2029.

Price Action: IBM ( IBM ) shares are up 1.90% at $294.0, while CSCO shares rose 0.83% at $79.04 premarket at the last check on Thursday.

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