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IBM, Google, Microsoft Advance Quantum Chips Amid Challenges

3/28/2026

Summary

Story summary

IBM (International Business Machines Corporation), Google LLC, and Microsoft Corporation are developing quantum chips, signaling rapid progress.
IBM's Nighthawk chip executes complex operations faster than classical computers.
Experts say practical quantum computing is still a decade or two away.
By 2035, quantum tech could add about $1.3 trillion in value, but qubit fragility, architectural weaknesses, and the need for new encryption standards create challenges for organizations now.

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Story summary

IBM (International Business Machines Corporation), Google LLC, and Microsoft Corporation are developing quantum chips, signaling rapid progress.
IBM's Nighthawk chip executes complex operations faster than classical computers.
Experts say practical quantum computing is still a decade or two away.
By 2035, quantum tech could add about $1.3 trillion in value, but qubit fragility, architectural weaknesses, and the need for new encryption standards create challenges for organizations now.