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The promise of quantum computing has been on the horizon for decades. Today, however, the race has accelerated.
Quantum computers use quantum bits (qubits) to achieve exponential processing power, compared to other computers, which process information in bits (either zero or one). With advances in hardware, networking, artificial intelligence (AI), and commercialization, the global quantum computing market is getting closer to being a $12.6 billion market by 2032. This has piqued investors’ interest in this emerging technology.