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    Home > Headlines > Google says commercial quantum computing applications arriving within five years
    Headlines

    Google says commercial quantum computing applications arriving within five years

    Published by Global Banking & Finance Review®

    Posted on February 5, 2025

    3 min read

    Last updated: January 26, 2026

    This image represents the future of quantum computing applications in banking and finance, highlighting Google's optimistic five-year timeline for real-world implementations that may disrupt traditional processes.
    Illustration of quantum computing technology impacting finance - Global Banking & Finance Review
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    Quick Summary

    Google plans to launch quantum computing applications in five years, challenging Nvidia's 20-year forecast. This could transform industries like materials science and healthcare.

    Google Projects Quantum Computing Applications Within 5 Years

    By Max A. Cherney

    SAN FRANCISCO (Reuters) - Google aims to release commercial quantum computing applications within five years, Google's head of quantum told Reuters on Wednesday, in a challenge to Nvidia's predictions of a 20-year wait.

    "We’re optimistic that within five years we’ll see real-world applications that are possible only on quantum computers," founder and lead of Google Quantum AI Hartmut Neven said in a statement.

    Real-world applications Google has discussed are related to materials science - applications such as building superior batteries for electric cars - creating new drugs and potentially new energy alternatives.

    Google's prediction arrives amid wider uncertainty about when such a breakthrough will occur. Predictions from investors and experts range from several years to at least two decades.

    For decades, scientists have been discussing quantum computing, which promises to deliver machines that are thousands of times more powerful than traditional computers. Traditional computers process information one number at a time, whereas quantum computers use "qubits" that can represent several numbers at once.

    Governments and businesses have kept a close eye on quantum computing's potential to disrupt modern cybersecurity and other fields such as finance and healthcare.

    Quantum computing resembles artificial intelligence in some ways. AI before ChatGPT's launch in 2022 was understood mostly by scientists. Scientists had been quietly producing breakthroughs to accelerate the field but there was no firm understanding of when AI would be commercially useful.

    TWO DECADES OUT

    Nvidia's Jensen Huang has said that quantum computing is much farther away than five years. At an analyst event at the CES trade show in Las Vegas in January, Huang predicted practical uses for quantum computers are about 20 years away.

    "If you kind of said 15 years... that'd probably be on the early side," Huang said, "If you said 30, it's probably on the late side. But if you picked 20, I think a whole bunch of us would believe it."

    Huang's comments ripped about $8 billion in market value from a handful of quantum computing stocks. The sector was given a boost in December when Google announced it had cracked a key challenge in the field with its new chips. 

    Google has been working on its quantum computing program since 2012 and has designed and built several quantum chips. By using quantum processors, Google said it had managed to solve a computing problem in minutes that would take a classical computer more time than the history of the universe.

    Google's quantum computing scientists announced another step on the path to real world applications within five years on Wednesday.

    In a paper published in the scientific journal Nature, the scientists said they had discovered a new approach to quantum simulation, which is a step on the path to achieving Google's objective.

    (Reporting by Max A. Cherney in San Francisco. Editing by Gerry Doyle)

    Key Takeaways

    • •Google aims to release commercial quantum computing applications within five years.
    • •Quantum computing could revolutionize materials science, healthcare, and finance.
    • •Nvidia predicts practical quantum computing is 20 years away.
    • •Google has been developing quantum chips since 2012.
    • •Google's recent breakthroughs in quantum simulation are promising.

    Frequently Asked Questions about Google says commercial quantum computing applications arriving within five years

    1What is the main topic?

    The article discusses Google's prediction of launching commercial quantum computing applications within five years, challenging Nvidia's longer timeline.

    2What industries could quantum computing impact?

    Quantum computing could revolutionize materials science, healthcare, finance, and cybersecurity by providing solutions traditional computers cannot.

    3What are Google's recent achievements in quantum computing?

    Google has developed quantum chips and made breakthroughs in quantum simulation, crucial steps towards real-world applications.

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