IBM and AMD have agreed to collaborate on quantum computing, creating a powerful tech duo amid growing optimism that the technology will have real-world implications sooner rather than later. Why it matters: Quantum computing could have huge implications for everything from drug discovery,

IBM and AMD have announced a partnership to develop next-generation quantum supercomputing infrastructure, combining quantum, AI and high-performance computing to tackle complex global challenges.

International Business Machines Corp. (NYSE:IBM) and Advanced Micro Devices Inc. (NASDAQ:AMD) are partnering to advance quantum-centric supercomputing, combining IBM’s quantum hardware and software expertise with AMD’s strength in high-performance computing and AI acceleration.