Quantum computing ‘will enable us to predict and improve chemical reactions, new materials and their properties, as well as provide new understandings of spacetime and the emergence of our universe,’ the White House said.

Google, IBM, JPMorgan Chase & Co., and other key U.S. companies are set to attend a White House quantum computing meeting to be held on Monday, Reuters reports.

A groundbreaking technology still in its infancy, quantum computing could have a major impact on transportation, healthcare, communications, weather forecasting, artificial intelligence, and other areas. Quantum computing could, experts claim, revolutionize our society.