IBM (NYSE:IBM) announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.
The system, dubbed a “Quantum (NASDAQ:QMCO) System One” by IBM and featuring the company’s Eagle processor, was installed as part of an ongoing research partnership between Japan and IBM. According to a blog post from IBM, it will be used to conduct research in various fields, including bioinformatics, materials science and finance.