In the past decade, Google made the surprising move to create a conglomerate to let it be its parent company known as Alphabet as a way to free the tech giant from redundancies project while focusing on Google Search, Android, Chrome and being a parent company itself of YouTube.
Nowadays, Alphabet has made quite a lot of advances with all that Google’s got free from, particularly X, the former Google X laboratory testing big hardware and a particular division has been the talk for computing fans.
Since 2016, Alphabet and Google have been announcing advancing greatly on quantum computing which TLDR, is the MEGA PRECISION of computing and looking at the atom within the atom so to speak.
The group is being led by Sandbox AQ, a division that transcendent with talent from X and now, Alphabet announced that they are being spinned off as an independent company and will retain all their 55 employes and it’s leader, Jack Hidary, will be the company’s new CEO.
While Sandbox AQ probably has Alphabet backing until it can stand on its own, it already has a list of high profile investors including former Google CEO Eric Schmidt, Breyer Capital, Salesforce chief Marc Benioff’s TIME Ventures and T. Rowe Price. Schmidt is taking over as chairman of the board.
The company already has customers and they are Softbank Mobile, Vodafone and New York’s Mount Sinai Health System.
One last big announcement done by Google for Quantum Computing particularly was on October 2019, where a new milestone was achieved where a prototype with a processor with a capacity of 54 qubits (quantum bits), managed to accomplish a complicated mathematical task in just over three minutes (200 seconds to be exact).