D-Wave Quantum's recent breakthrough in annealing quantum computing led to a 27% stock price jump, but I recommend selling due to high risks and uncertain profitability. The company's valuation is extremely high, with a price-to-sales ratio of 182, not suitable for investment. Technological breakthroughs, research funding, and industry growth are potential risks to my bearish thesis, but I assi...
March has been a big month of research developments for D-Wave Quantum Inc. NYSE: QBTS. First, the company announced what it claims is the first-ever successful feat of quantum supremacy: D-Wave's Advantage2 prototype annealing quantum computer solved a magnetic materials problem many orders of magnitude faster than a leading supercomputer.
Quantum computing could make it easier to process massive amounts of information in the near future. Unlike traditional computers, which still store data in binary bits of zeros and ones, quantum computers can store them simultaneously in qubits.
Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.
Quantum computing stocks got pummeled yesterday, with the four most prominent public quantum computing companies—IonQ, Rigetti Computing, Quantum Computing Inc., and D-Wave Quantum Inc.—falling anywhere from over 9% to over 18%. The reason?
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced that it has published a new research paper introducing a novel blockchain architecture that uses techniques from its quantum supremacy demonstration. By adding quantum to traditional blockchain computation, the new archi...
In the fast-moving world of cutting-edge technologies, quantum computing is perhaps one of the most exciting developments in recent years. Breakthroughs that could revolutionize machine learning, optimization problems, advanced simulations, and cryptography have opened the door for transformative commercial applications.
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