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IBM, AMD, and Oak Ridge Lab launch a quantum error correction platform to advance quantum computing by 2028.

Market News
05 Nov 2026, 15:00 WIB
PRNewsWire
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Bullish
IBM, AMD, and Oak Ridge Lab launch a quantum error correction platform to advance quantum computing by 2028.

IBM, AMD, and the U.S. Department of Energy's Oak Ridge National Laboratory have introduced a new co-design platform that integrates quantum and high-performance classical computing to enhance quantum error correction. This collaboration aims to accelerate the development of fault-tolerant quantum computers, a key goal of the DOE's Quantum Genesis Mission targeting 100 logical qubits by 2028. The platform pairs IBM's 120-qubit Quantum Nighthawk with Oak Ridge's Umbra HPC system powered by AMD processors, enabling researchers to optimize error correction techniques and scale quantum computing capabilities. This initiative represents a significant step toward making quantum computing practical for scientific discovery and industry applications.

The collaboration between Oak Ridge National Laboratory, IBM, and AMD on a new quantum error correction platform is presented here with Pluang's Technology-sector market data as of Nov 05, 2026 19:32 WIB. Of 150 priced Technology-sector US stocks tradable on Pluang, 50 rose and 95 fell today. Notable movers include RELY at USD 23.99 with a 1-day change of -11.41% and 100% sell order activity, PAYC at USD 238.50 down 11.06%, and QCOM at USD 155.07 down 10.46%.

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