UBS names Google as quantum computing pioneer, predicts quantum advantage by 2030s. Quantum market seen as fragmented with potential in molecular simulation, optimization, AI, and cryptography. Qubits can be made in various ways with superconducting and trapped-ion qubits leading the field.
UBS has identified Google as a leader in quantum computing, predicting that quantum advantage could be achieved by the 2030s. The quantum market is currently fragmented but shows promise in molecular simulation, optimization, AI, and cryptography. Analysts, led by Madeleine Jenkins, noted that while there have been meaningful breakthroughs, progress remains slow. Qubits, the core of quantum computing, can be produced in various forms, with superconducting and trapped-ion qubits at the forefront.
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