Google and XPRIZE Are Awarding $5 Million to Anyone Who Develops Quantum Computing Algorithms For Real Life. Here’s What The Technology Can Do.

Google, the Geneva Science and Diplomacy Anticipator (GESDA), and XPRIZE launched a competition Monday that will award $5 million over three years to teams who can find real-life applications for quantum computers.

Quantum computers process information differently from the regular, classical computers in use today, which allows them to complete certain tasks in shorter periods of time. Google researchers found in 2019 that a quantum computer took 200 seconds to complete a task that a high-performing supercomputer, which IBM estimates can have a million times more processing power than a standard laptop,

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