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IBM Acquires HRL Labs, Boosting Quantum Computing

Summary

  • IBM is acquiring HRL Laboratories, a private quantum computing research lab.
  • The acquisition adds a second quantum technology approach to IBM's portfolio.
  • HRL Laboratories makes electron spin quantum circuits, known as qubits.
IBM Acquires HRL Labs, Boosting Quantum Computing

IBM has bolstered its quantum computing initiatives through the acquisition of HRL Laboratories. This private research facility was jointly owned by aerospace giant Boeing and automotive manufacturer General Motors.

The acquisition introduces a second distinct approach to quantum computing into IBM's research arsenal. HRL Laboratories focuses on developing electron spin quantum circuits, also referred to as qubits. This technology offers the potential for significantly smaller circuits compared to IBM's established superconducting qubit technology.

IBM, alongside Google and Microsoft, is actively engaged in the race to develop practical quantum machines capable of solving complex problems intractable for classical computers. The acquisition of HRL marks a significant step in this pursuit, broadening IBM's technological base.

Following the transaction, Boeing and General Motors are expected to maintain their collaborative partnerships with IBM on quantum technologies. This move signifies IBM's commitment to advancing quantum computing through diverse technological pathways.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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