Tech giant IBM (NYSE:IBM) has introduced an innovative quantum computing chip, "Heron" as it looks beyond silicon chips to usher in a new era of computing and artificial intelligence.What Happened: IBM's newly launched Quantum System Two is fueled by three "Heron" cryogenically cooled chips, promising to deliver more powerful and quicker systems than conventional silicon-based computers.This significant development emerges amid intense technology competition with rivals like Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and China's Baidu Inc. (NASDAQ:BIDU), all vying to build machines that use quantum bits.