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Alibaba Teams Up With CAS To Open Quantum Computing Lab

Chinese online retail giant Alibaba has

with the Chinese Academy of Sciences (CAS) to build Alibaba Quantum Computing Laboratory in Shanghai. They will jointly develop quantum computers that can process data at speed billions of times faster than current digital computers. The new laboratory is expected to develop a general-purpose quantum computer prototype with 50-100 quantum bits by 2030, the state-run Xinhua news agency said.

Alibaba expects high demand for cloud computing in Shanghai

Scientists said the new lab would combine the CAS' strength in quantum computing and artificial intelligence with Alibaba's prowess in cloud computing and traditional computing. Pan Jianwei, a leading researcher at the lab and vice president of University of Science and...