Quantum computing in the cloud allows users to access quantum processors and run algorithms through online platforms. IBM and Alibaba currently offer cloud-based quantum computing, providing access to 5-qubit, 16-qubit, and 11-qubit quantum processors. Potential applications of quantum computing in the cloud include solving problems in medicine, logistics, finance, and AI. While it poses security threats, quantum computing could also speed up complex calculations and simulations to provide benefits across many fields.