How quantum computing could become the next -2-

The biggest companies in the U.S. are also involved with quantum. On Wednesday, Alphabet Inc.'s (GOOGL) (GOOG) Google Quantum AI team announced that its Willow quantum chip had run an algorithm 13,000 times faster than a classical computer in a repeatable experiment. Nvidia Corp. (NVDA) has been developing hybrid hardware that allows classical computers to perform quantum-control functions, and its corporate venture arm strategically invests in quantum-hardware companies. In August, International Business Machines Corp. (IBM) and Advanced Micro Devices Inc. (AMD) announced a partnership to explore integrating quantum computing and existing high-performance computing.

And it's not just tech companies. Earlier this month, JPMorgan Chase & Co. (JPM) announced a $1.5 trillion initiative to finance and invest in industries "critical to national economic security and resiliency," with quantum computing being one of them.

While it's relatively easy to monitor quantum progress made by U.S. companies such as IBM and Google, it's "near impossible to monitor where the Chinese government is in quantum computing right now," Kulkarni said.

Pistoia, who previously served as the global head of quantum computing at JPMorgan Chase and as a quantum researcher at IBM, believes quantum will have "revolutionary impacts" on our lives.

"No country wants to be left behind" in the quantum-computing race, Pistoia said.

Read: Forget chips: The next battleground in the U.S.-China AI race is nuclear power

-Christine Ji -Britney Nguyen

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(END) Dow Jones Newswires

10-25-25 0730ET