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It's much too early for AMD or Intel to start looking over their shoulder, but the University of Michigan has developed a quantum chip that contains one cadmium ion. The ion, which is suspended in electrical fields, can exist in many possible states which collapse into one when viewed by an outsider. Quantum computing has been touted as great leap in computing, but still faces many challenges.
University of Michigan develops quantum processor : Read more
University of Michigan develops quantum processor : Read more