The Massachusetts Institute of Technology and IBM have established a new research laboratory, the MIT-IBM Computing Research Lab, which expands on their existing collaboration to incorporate quantum computing alongside artificial intelligence and algorithms research. This lab replaces the MIT-IBM Watson AI Lab, founded in 2017, and will concentrate on developing hybrid computing systems that integrate classical computers, AI models, and quantum hardware. The lab's research will also focus on creating smaller enterprise AI models and novel quantum algorithms for applications in chemistry, biology, and materials science. With over 210 research projects funded since 2017, the collaboration has already demonstrated significant potential1. The establishment of this new lab is particularly notable as it underscores the growing importance of quantum computing and its potential to disrupt existing cryptographic systems, thereby increasing the urgency for organizations to plan their migration to post-quantum cryptography.