Quantum computing, a cutting-edge technology field, uses the principles of quantum mechanics to process information in ways that are impossible with classical computers.
Quantum computing uses quantum bits (qubits) instead of the classical bits used by classical computers. While classical bits can be either 0 or 1, qubits can exist in a superposition of both states simultaneously. This property, along with quantum entanglement, allows quantum computers to perform certain calculations exponentially faster than classical computers.
Now tech giants and intrepid startups alike are pouring billions of dollars into the quantum race, chasing potential breakthroughs in drug discovery, financial modeling and unbreakable encryption.
But who's leading the charge? From IBM's superconducting behemoth to IonQ's atom-trapping approach, the quantum world is as competitive as it is diverse. This week, Technology Magazine takes a closer look at the top 10 companies shaping the future of quantum computing.