IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete By Cointelegraph

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IBM (NYSE:) announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.

The system, dubbed a “Quantum (NASDAQ:) System One” by IBM and featuring the company’s Eagle processor, was installed as part of an ongoing research partnership between Japan and IBM. According to a blog post from IBM, it will be used to conduct research in various fields, including bioinformatics, materials science and finance.