In beginning of this year, on January 8th, Intel unveiled 'Tangle Lake,' a 49-qubit superconducting quantum test chip. A 49-qubit test chip is an important achievement because this will allow researchers to assess and improve error correction techniques and simulate computational problems.
The ability to solve complex algorithms in quick time will bring benefits in many fields. Quantum computing can lead to the discovery of new medicines and materials by helping us untangled the complexities of molecular and chemical interaction by providing better simulations process. One of the areas where quantum technology will make big difference is database searching. To find something in a database, a normal computer may have to test every single one of its entries. Quantum algorithm needs only the square root of that time with which large databases is beneficial. Quantum computing will help in financial modelling and climate forecasting.
