Valued at a market capitalization of just $116,000, Zapata Computing (ZPTA) may appear tempting to investors. Its business touched quantum computing software solutions, such as through its Orquestra product.

Quantum computing has the potential to accelerate how companies and scientists process data, which could lead to more advanced artificial intelligence, better weather predictions, and medical breakthroughs.

Quantum computing is hot right now. Shares of pure play quantum computing stocks have been soaring, and the hype train has clearly left the station. Investors should know, however, that quantum computers have never been used to solve a real-world problem faster than a traditional computer and that useful quantum computers could very well be

Quantum computing, like AI, promises to transform many industries. One particular company recently reached a couple of key milestones that could bring this exciting technology a step closer to real-world use.