Microsoft and Google have made breakthroughs in quantum computing, a technology that could revolutionize drug discovery and other fields.

The race to shape the future of computing is heating up among tech companies, with Microsoft saying on Wednesday it has made a major breakthrough in quantum computing, potentially paving the way for the technology to address complex scientific and societal challenges.

Microsoft says it has developed a breakthrough quantum processor based on a new state of matter, giving it a clear path to achieve quantum computing’s long-term promise of solving some of the world’s most difficult problems.