For those of you that haven't heard, D-Wave systems in vancouver just showcased their first Adiabatic quantum computer yesterday in Silion Valley. The processing power they showcased is not quite ready to solve the problems like cryptology, but the company hopes to scale it up very quickly to be able to handle things like the traveling salesman problem.

Here's a detailed link about their design from 2005:

Here's an article about the demo they did yesterday:

Here's their own site:

Now researchers are working on a completely different type of quantum computer that is more robust, but with the funding that these guys are going start getting poured into them, they may just become the IBM of QCs.

Still, pretty exciting stuff.