International Business Machines (NYSE:IBM) reached the final phase of DARPA's Quantum Benchmarking Initiative, according to an early October update. IBM is targeting delivery of a fault-tolerant quantum computer by 2029 under the current DARPA program framework. The closing stage of the initiative involves validation work alongside US government and academic partners focused on industrially useful quantum performance metrics. The move into DARPA's final benchmarking phase for a 2029 fault-tolerant quantum system only tells part of IBM's quantum story. Take a look at 2 warning signs we have identified for International Business Machines.
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