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Quantum Computing in 2026: Where Things Actually Stand

Error correction finally works in the lab, but useful quantum machines are years away. A clear look at Google, IBM, Microsoft and Canada’s contenders.

Complex physics research apparatus with wiring and electronic components in a University of British Columbia lab in Vancouver

In June 2026, Microsoft said its new Majorana 2 chip held quantum states for an average of 20 seconds, up from milliseconds on the previous version. A few months earlier, IBM’s chief executive told analysts that the company’s partners would show the first real examples of quantum advantage before the year was out. Toronto’s Xanadu rang the opening bell as a public company on both Nasdaq and the TSX. If you only read the headlines, quantum computing in 2026 looks like a field that has finally arrived. It hasn’t, quite. What has changed is subtler and, frankly, more interesting. For…

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