Advances like these lead me to believe that useful quantum computing is inevitable and increasingly imminent. And that’s good news, because the hope is that they will be able to perform calculations that no amount of AI or classical computation could ever achieve.
Nvidia, Quantum Computing
Quantum computing has the potential of being the next big innovation. At the right size and the right price, it might even be investable.
Jensen Huang’s comments at last week’s CES about quantum computing being decades away stirred up discussion within the quantum industry.
Quantum computing may be many years out, but even the founder and CEO of Nvidia now seems to think: “Why wait?” Quantum computing stocks jumped Wednesday following an announcement from Nvidia that it would add a “Quantum Day” event to its GTC conference in March.
Quantum computing is drawing more attention now than generative AI did before ChatGPT’s release. This sparks big questions about what QC could achieve in 2025.
Nvidia the artificial intelligence titan, is on a downward spiral as investors react to the possibility of reduced spending in AI.
Alphabet subsidiary Google recently announced two major technical achievements with its Willow quantum computing chip. In response to the news, shares of Rigetti Computing (NASDAQ: RGTI) and D-Wave Quantum (NYSE: QBTS) during the next three weeks advanced 280% and 110%,
Amid stock-market jitters, quantum computing start-ups continue to make progress — and to score hundreds of millions of dollars in investments.
While the market has continued its winning ways to start the year, there are still some attractive investment opportunities -- even in the technology sector. The leader in AI infrastructure, Nvidia's (NASDAQ: NVDA) graphics processing units (GPUs) provide the computing power needed to train AI models and run inference.
Canadian company Xanadu has developed the world's first scalable, networked photonic quantum computer prototype.
Quantum computing has been a popular topic on Wall Street in recent weeks due to updates from several companies. In December, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) reached an important technical milestone with its Willow chips.