Major technological breakthroughs can, over time, create trillions in shareholder value. Quantum computing looks like one such possible opportunity, and Rigetti Computing (NASDAQ: RGTI) might be a good way to gain exposure to it. Quantum computing involves creating machines that process data in an entirely different way than traditional computers.

Microsoft, Amazon, and Google each announced new prototypes of quantum computing chips, but scientists say that the field is still evolving.

Microsoft has outlined its research in a peer-reviewed paper published today in Nature, explaining how its researchers were able to create the topological qubit. Microsoft has helped create a new material made from indium arsenide and aluminum, and it has placed eight topological qubits on a chip that it hopes can eventually scale to 1 million.

The opportunity for Microsoft to leverage its leadership in cloud computing and artificial intelligence (AI) with new enterprise-scale quantum solutions highlights a significant long-term growth potential. Here are three reasons I believe Microsoft is the new king of quantum computing.

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Microsoft’s new “topological qubit” is not based on a solid, liquid or gas. It is another phase of matter that many experts did not think was possible.