"The era of quantum hegemony is approaching, with tech giants and investment institutions increasing their bets."

date
25/07/2025
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GMT Eight
IonQ CEO Peter Chapman said in an interview with CNBC host Jim Cramer on Thursday that a major breakthrough in quantum computing is on the horizon. "The so-called era of quantum supremacy is just around the corner," Chapman said. "It will arrive in the next few quarters, or even just a few years."
CEO of IonQ, a leader in the global quantum computing field, Peter DeMa asy, emphasized in an interview with CNBC's "Mad Money" host Jim Cramer on Thursday that major breakthroughs and transformations in the field of quantum computing are rapidly approaching, and the so-called "quantum supremacy era" is imminent. "The so-called 'quantum supremacy era' is right around the corner," DeMassy said in the interview. "It will arrive rapidly in the coming quarters or just a few years, which is obviously very exciting because we will be able to play a very important role in all areas of applied science with significant revolutionary significance." As quantum hardware qubit numbers and gate fidelity continue to improve, the concept of "quantum supremacy" mentioned by DeMassy is used to mark an important milestone - when a quantum processor completes a calculation at a speed that classical supercomputers cannot reach in a reasonable amount of time in a certain clearly defined task. Coined by physicist John Preskill of the California Institute of Technology in 2012, the term emphasizes not the usefulness of the task, but rather the historic moment when a "quantum machine thoroughly outperforms a classical machine." Preskill defined "quantum supremacy" in a paper and subsequent interviews as the ability of a quantum device to demonstrate capabilities that are "classically inimitable," regardless of whether the task has direct application value, as long as it can be proven that the same task cannot be completed in a feasible time with existing or foreseeable classical algorithms and binary hardware. While the task itself may not have direct commercial significance, it lays the foundation for confidence and technological basis for subsequent pursuit of usable, error-correctable, controllable quantum entanglement with commercial value - "quantum advantage". Therefore, the "quantum supremacy era" refers to the ability of quantum computing devices in the future to achieve precise control of "quantum entanglement" and realize commercial value. Quantum computing systems utilize the properties of quantum mechanics, such as quantum superposition and quantum entanglement, to provide a new computing paradigm that theoretically can greatly surpass the computing capabilities of traditional binary computers in certain specific areas. According to a statement from Google on December 9th last year, the Willow quantum chip demonstrated amazing performance in benchmark testing, completing a "standard benchmark calculation" in less than 5 minutes, while a traditional supercomputer would take 10^25 years to complete the same task. DeMassy stated in the interview that IonQ, along with other quantum computing leaders in the United States - Rigetti Computing, D-Wave Quantum, and Quantum Computing, are all major players in the quantum computing field, with the company developing the world's most advanced quantum computers and quantum networking devices. The four aforementioned US quantum companies do not engage in "homogeneous competition." IonQ insists on the ion trap quantum computing route, Rigetti focuses on superconducting-chip scalable + quantum hybrid cloud direction; D-Wave sticks to "quantum annealing" optimization, aiming to seize the first-mover advantage in annealing-large-scale optimization in industrial applications; Quantum Computing strives to achieve differentiation through room-temperature photon-low-power deployment. Together, they are pushing the quantum ecosystem towards an evolution of "multiple architectures, multiple scenarios, multiple business models", forming a complementary rather than a single path American quantum map. Renex H. Huang: Quantum computing is approaching a crucial turning point With the largest US tech giants such as Alphabet, Microsoft, Amazon, and IBM, as well as the US government investing hundreds of millions of dollars in the development of quantum computers, Wall Street financial giants are also increasingly interested in quantum computing. This technology aims to use quantum mechanics to solve complex problems that traditional classical computers cannot handle efficiently. Last month, NVIDIA CEO Renex H. Huang made optimistic comments about quantum computing, exciting investors. Huang emphasized at the time that quantum computing is "approaching a turning point", and pointed out that the actual application of quantum computing is progressing faster than his previous expectations. Huang stated that just as Moore's Law implies an exponential growth pattern of transistors, the number of logical qubits that quantum computers can handle will evolve along a path of increasing tenfold every 5 years, and 100-fold every 10 years. Huang also stated that NVIDIA will work with quantum computing companies from around the world in various ways in the future. Nicknamed "Leather Jacket Swordsman" by gamers, Huang stated earlier in January, "If it takes up to thirty years to achieve useful quantum computers," which caused a collective drop in quantum computing concept stocks in the US stock market, but the NVIDIA founder and CEO seems to be bullish on the development prospects of quantum computing from the bottom of his heart, aiming to become one of the leaders in quantum computing. This is why less than a week after this statement, NVIDIA announced the first "Quantum Day" at the GTC conference, and subsequently made positive remarks on quantum-related topics. Also in January, US tech giant Microsoft gave a shout-out for quantum computing, stating in an official blog that 2025 is the "year of quantum readiness", while another tech giant IBM, although with a longer history of layout in quantum computing compared to Microsoft and NVIDIA, has ramped up efforts in the field of quantum computing this year, especially aiming to integrate quantum bits with binary computational hardware infrastructure. DeMassy also elaborated in his interview with Cramer on the significant breakthroughs that quantum computing could bring in the fields of healthcare and pharmaceuticals. He emphasized that the company has collaborated with NVIDIA, Amazon AWS, and AstraZeneca on research projects related to drug development based on quantum computing. He stated that observing molecules from a quantum perspective will push forward breakthroughs in drug discovery. DeMassy stated that IonQ is constantly participating in the global technological competition to advance quantum computing. He mentioned that the company plays a crucial role in the race to crack the widely used highly complex encryption algorithm RSA. "We believe that we represent the Western world and countries such as China with large investments in global quantum computing almost single-handedly, and we hope to be the leader in cracking RSA," DeMassy said. "Of course, once that day comes, everyone will need our quantum networking devices to ensure that the world we live in and the human civilization we know can continue with a higher-dimensional computational system." Although quantum computing technology is still in its infancy, it is developing rapidly, and Wall Street is sniffing out quantum investment opportunities. As DeMassy, the CEO of IonQ, said, it is expected that the so-called "quantum supremacy era" may arrive rapidly within a few years, which means that even though quantum computing, focusing on various segments in the quantum computing field such as ion traps, quantum annealing, quantum simulation, superconducting quantum bits, and topological quantum, is still in its early stages, it is developing rapidly. The US investment bank Cantor Fitzgerald, steered by former US Secretary of Commerce Lutnick, recently initiated the first rating coverage of the four leading US quantum computing leaders - IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing, and gave optimistic buy ratings to the first three quantum computing leaders. In a recent report to clients, Cantor Fitzgerald analyst Troy Jensen wrote, "Global quantum computing is still in its early stages, but it is one of the most sought-after technological milestones that will undoubtedly have a huge economic impact in the future." Jensen's team of analysts added, "Although it may still be a few years before global comprehensive commercial quantum computing capabilities are realized, this technology has attracted significant attention from countless investors, and giants such as NVIDIA, Microsoft, and IBM have poured huge amounts of money into this field." Undoubtedly, the development speed in the field of quantum computing is extremely rapid, with enterprises achieving innovative technological breakthroughs in various segments of this field. In recent years, breakthrough advances have been made in ion trap technology (such as IonQ and Honeywell's quantum solutions), D-Wave quantum annealing computers, IBM's efforts to integrate quantum bits with binary computational hardware infrastructure, and Google's astonishing release of the Willow in December 2024. As well as Microsoft's quantum chip named "Majorana 1" and Cisco's quantum interconnect chip, both launched in the first half of this year, quantum computing seems to be poised for a significant paradigm shift in important foundations, paving the way for practical quantum computing applications with controllable quantum entanglement and commercial value. In terms of other technological advancements, PsiQuantum announced that its photon chip has entered the TSMC production line, laying the foundation for a million-bit photonic quantum machine; Pasqal confirmed in its 2025 roadmap the delivery within the year of 1000 neutral atom qubits and demonstrated a digital-analog hybrid fault-tolerant solution, aiming for a 10k qubit array; The D-Wave Advantage2 was fully launched in May 2025, featuring a 4400+ qubit Zephyr topology (20-way connectivity), speeding up to 10,000 times on combinatorial optimization benchmarks compared to previous systems, with a total power consumption of only 12kW. Rigetti's pioneering 36-qubit "small chip" integrated platform was launched in August, with a median fidelity of 99.5% for two-qubit gates, and is expected to release a 100+ qubit system based on the small chip by the end of 2025. Therefore, as controllable quantum entanglement, quantum error correction algorithms, interconnect technologies, and quantum bit-traditional binary mixed frameworks mature, the "practical quantum advantage" may first appear in heterogeneous systems with 500-1000 qubits, error rates far below 10^-3, truly opening the gate to practical commercialization.