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Progress to molecular quantum computing
A quantum computer is predicted to bring with it an exponential speed up in computational power. This is because instead of performing calculations one after the other like a conventional computer, a quantum computer works in parallel, looking at all the possible outcomes at the same time. The result is massively parallel computing, allowing us to solve problems in minutes that otherwise would take thousands of years.
Michelle Simmons at the University of New South Wales (UNSW) in Sydney, Australia, are developing their own ways of building quantum computers using silicon. In May 2017, she founded an Aus$83 million (US$65 million) start-up called Silicon Quantum Computing, backed in part by the Australian government.