IBM sees a big milestone ahead for quantum computing
Digest more
This is a big deal, as it showcases that hybrid computing is closer than many investors realize. With Nvidia capitalizing on the massive AI spending spree, it's able to benefit from the two biggest computing trends of our time, making it a no-brainer stock to invest in right now.
Its stock is up 3% on the news, but the bigger win runs a lot deeper, as DARPA’s backing positions IonQ in the driver’s seat. From a speculative tech bet, the win is a rare blend of credibility, funding, and future promise that investors will now be watching closely.
The algorithms could also benefit AI by generating large, diverse datasets to train models or by enabling quantum-enhanced machine learning, says Adam Lewis, the head of innovation at SandboxAQ, a Google spin-off that works on AI and quantum software.
Quantinuum has unveiled a third-generation quantum computer that could be easier to scale up than rival approaches.
The partnership between the University of Chicago and IonQ adds to a growing roster of quantum-computing companies that are setting up shop here.
Alphabet's Google optimistically believes that commercially viable quantum computing applications could be available within five years. And it could take decades longer for the technology to break into the mainstream.
TipRanks on MSN
Top Analyst Sees 100%+ Upside for Quantum Computing Stock (QUBT) Ahead of Q3 Earnings
Quantum Computing Inc. ($QUBT) will report its Q3 earnings for 2025 on November 14 after the market closes. With its stock up by more than 300% in
Distributed on behalf of SuperQ Quantum Computing Inc.
The Company expects to deploy a 150+ qubit system by or around the end of 2026 with an anticipated 99.7% median two-qubit gate fidelity, and a 1,000+ qubit system by or around the end of 2027 with an anticipated 99.8% median two-qubit gate fidelity.
Quantinuum unveiled its latest system, Helios, inching the industry toward the day the technology will deliver meaningful commercial value.