Key Points
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Alphabet’s Willow processor significantly reduces quantum computer errors, able to solve complex problems in minutes.
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Microsoft’s Majorana 1 processor can create stable qubits, progressing towards 1 million qubits on a single processor.
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Both companies reported strong free cash flow: $24.6 billion for Alphabet and $25.6 billion for Microsoft in Q3 2023.
Alphabet and Microsoft Advance in Quantum Computing
Alphabet has made breakthroughs in quantum computing with its Willow processor, achieving error reduction and solving complex mathematical problems in five minutes—a task that would take a traditional supercomputer 10 septillion years. Alongside this, Alphabet released a new algorithm that operates 15,000 times faster than traditional computing methods and is focused on completing a new milestone involving 1 million computational steps with minimal errors. The company reported $24.6 billion in free cash flow for Q3 2023.
Microsoft’s advancements include the Majorana 1 processor, which is designed to create stable and rapid qubits, aiming to reach 1 million qubits on a single processor. The company also offers quantum computing services via Azure Quantum and reported $25.6 billion in free cash flow in the same quarter. Both firms are well-positioned financially to invest in the growing quantum technology field, with their stocks currently trading at attractive valuations relative to the tech industry.
