IBM announced that it will launch a practical large-scale Quantum Computer in 2029, with computational power reaching 20,000 times that of existing systems.

On June 15, the International Business Machines Corporation (IBM) announced this week that it plans to launch a practical large-scale fault-tolerant quantum computer by 2029, and elaborated on the company’s roadmap to achieve this goal. IBM says it plans to have a larger-scale quantum computing system by 2029. The company will build a quantum computer called “Starling” in a data center in Poughkeepsie, N.Y., and says it will have about 200 logical qubits. It is expected to have 20,000 times the computing power of existing quantum computers, allowing users to explore complex quantum states far beyond the limitations of current devices. Qubits are the basic unit of quantum computing, and 200 qubits are enough to begin to show advantages over classical computers.

Jay Gambetta, Vice President of Quantum Business at IBM, claimed that IBM’s confidence in its 2029 roadmap stems from two recent advancements: one is further progress in a new method for reducing errors known as qLDPC error correction codes, and the second is the real-time identification and correction of errors using classical computing techniques.

Gartner analyst Chirag Dekate commented that it is still unclear how IBM’s breakthroughs will “translate into tangible business value,” and the transformative potential of fault-tolerant Quantum Computers remains speculative. IBM’s plans also do not detail the commercial availability of its new Quantum Computer, nor the specific date of the release of its error correction system.

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