Now, the race is on to be the first company to conquer the massive opportunity presented by this technology. Rather, it's an entirely different paradigm of computing that requires some radical rethinking. A quantum computer isn't just a much faster computer. The reason for excitement: a quantum computer has seemingly-magical properties that allow it to process exponentially more information than a conventional system. Already, IBM says, customers are lining up to figure out how to get their hands on this technology, which shows promise in fields as varied as chemistry, materials science, food production, aerospace, drug discovery, predicting the stock market and even fighting climate change. It's a major milestone for quantum computers, which had to date mostly been found in research labs. In January, IBM made waves when it announced its IBM Q System One, the world's first gate model quantum computer available to businesses - a system housed in a sleek, 9-cubic-foot glass case. However, there's a big catch: Modern quantum computers are generally not as powerful or as reliable as today's existing supercomputers, and they require extremely specific environmental conditions to run, to boot.Investors are also excited about quantum computing startups, including IonQ, ColdQuanta, D-Wave Systems and Rigetti, all of whom could shake up this market.IBM has an early lead in quantum computing, experts say, with Google, Intel, Microsoft, and a host of startups close on its heels.Quantum computers are an extremely exciting technology, promising the raw computing power to crack previously-unsolvable problems.
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