[close up of quantum computer system, new advanced and innovative computing technology for data processing] The U.S. State Defense Advanced Research Projects Agency (DARPA) has selected IBM (IBM [https://seekingalpha.com/symbol/IBM]) and IonQ (IONQ [https://seekingalpha.com/symbol/IONQ]) to lead the next phase of its Quantum Benchmarking Initiative with the ultimate goal of developing a fault-tolerant quantum computer. "Advancing to the third stage of DARPA's Quantum Benchmarking Initiative validates the strength of IBM's path to building a fault-tolerant quantum computer," said Jay Gambetta, Director of IBM Research.
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