IBM and the University of Chicago claim quantum advantage with 70 logical qubits
IBM and University of Chicago researchers announced on July 30 a demonstration that, in their view, meets the criteria for quantum advantage with verifiable results.
Quantum advantage is still being demonstrated on problems designed for it, not on your business calculations. What is useful about the announcement is something else: verifiability, which is what will be needed to trust a quantum result. If your sector handles data that must remain confidential ten years from now, the timeline that matters to you is that of post-quantum cryptography, and that one is already running.