Quantum computing has opened exciting research avenues, both in hardware innovation—such as designing optimal qubit architectures—and in identifying problems where quantum advantage can be realized. On the algorithm and application front, IBM Quantum’s researchers are pushing the boundaries of near-term quantum algorithms, tackling challenges in molecular chemistry, high-energy physics, machine learning, and optimization. Our utility-scale experiments now span over 100 qubits, leveraging real quantum processors to explore meaningful computational advantages. The latest IBM Quantum processor, the Heron chip, with 156 qubits, delivers unprecedented error performance, achieving a best two-qubit error rate of 9.38 × 10⁻⁴, marking a significant step forward in scalable quantum computing. To support researchers globally, we have developed Qiskit Functions—an abstracted service designed to accelerate algorithm discovery and application prototyping. In this talk, we will discuss how IBM Quantum enables global researchers to conduct real-time quantum experiments on IBM Quantum Hardware, advancing scientific exploration and discovery. We will also showcase some of our latest research articles and breakthroughs demonstrating the evolving potential of quantum algorithms from utility towards advantage.