The Ministry of Transport, Communications, and Information Technology highlights progress as Quantum tech grows.
MUSCAT : The global quantum computing market is poised for tremendous growth, with investments reaching $38 billion and projected to soar to a market size of $106 billion by 2040. With over 350 quantum startups worldwide, innovation in quantum technology is making steady, groundbreaking advances.
Oman’s Ministry of Transport, Communications, and Information Technology, represented by Techana Oman, recently outlined the global achievements in quantum computing. Google has reached a milestone in computational speed, using its Sycamore quantum processor to complete a complex calculation in just 200 seconds. Meanwhile, Microsoft and Quantinuum have applied an advanced error correction algorithm to quantum qubits, stabilizing 4 reliable qubits out of 30—a significant step toward enhanced accuracy. IBM also contributed to the growing field, unveiling its new Condor quantum processor, with a 1,121-qubit capacity.
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