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Investing.com -- IBM (NYSE:IBM) stock rose 1.5% on Thursday after the company announced plans to collaborate with Cisco (NASDAQ:CSCO) on building a network of large-scale, fault-tolerant quantum computers. Cisco shares also gained 0.75% following the news.
The partnership aims to combine IBM ’s quantum computing expertise with Cisco’s networking capabilities to develop networked distributed quantum computing by the early 2030s. The companies plan to deliver an initial demonstration of multiple networked quantum computers within five years.
This collaboration represents a significant step toward scaling quantum computing power beyond individual machines. The companies intend to build a network that would enable quantum computers to work together, potentially running computations over tens to hundreds of thousands of qubits.
"By working with Cisco 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," said Jay Gambetta, Director of IBM Research and IBM Fellow.
The initial proof-of-concept demonstration is targeted for completion by the end of 2030. It will require developing new technologies, including microwave-optical transducers and supporting software infrastructure to entangle qubits from multiple separate quantum computers.
Cisco’s contribution focuses on its vision for a quantum data center with hardware and software that can preserve quantum states, distribute entanglement resources, and synchronize operations with sub-nanosecond precision.
The companies believe their work could eventually lead to a quantum computing internet by the late 2030s, connecting quantum computers, sensors, and communication systems across large distances. Such a network could enable applications like ultra-secure communications and precise environmental monitoring.
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