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IBM Collaborating With AMD, Oak Ridge Lab to Accelerate Quantum Computing Development

IBM Collaborating With AMD, Oak Ridge Lab to Accelerate Quantum Computing Development

MT newswireMT newswire2026/11/05 15:07
11:07 AM EST, 11/05/2026 (MT Newswires) -- IBM (IBM), Advanced Micro Devices (AMD) and Oak Ridge National Laboratory launched a platform integrating quantum and high-performance computing to advance quantum error correction and accelerate the development of fault-tolerant systems, the companies said Thursday. The platform pairs IBM's 120-qubit Nighthawk processor with Oak Ridge's AMD-powered Umbra system to advance quantum error correction, decoding and software orchestration. The initiative supports the US Department of Energy's Quantum Genesis Mission, which targets the development of a scientifically relevant quantum computer by 2028, the companies added. IBM and AMD shares were down 1.6% and 16% respectively in Thursday trading. Price: 250.33, Change: -3.99, Percent Change: -1.57
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