Quantum computing promises to transform our world in rapid, radical and revolutionary ways: solving in seconds problems that would take classical computers years, accelerating the discovery of new medicines,

International Business Machines Corporation IBM recently announced that it has formed a strategic research collaboration with ETH Zurich, a prominent research institution of Switzerland. The collaboration will work on developing the next generation of algorithms for a world where AI and quantum computing converge.

An international team of scientists proved the never-before-seen molecule's exotic nature using a quantum computer, potentially ushering in new scientific opportunities.

Quantum computing could transform certain industries, but commercialization might be further off than investors think. Rigetti Computing has built some of the most accurate quantum systems to date, and yet its revenue plummeted last year.