The global race for quantum supremacy has intensified, with research teams from China and the United States announcing major achievements in this week’s edition of the prestigious peer-reviewed journal Nature. While Peking University researchers unveiled the world’s first large-scale quantum entanglement on an optical chip, a Microsoft team claimed to have created topological qubits –…
Microsoft recently unveiled Majorana 1, the world’s first Quantum Processing Unit (QPU) powered by a Topological Core. The chip, the company said, is designed to scale to a million qubits on a single chip. Microsoft CEO Satya Nadella shared a post on microblogging site X stating “a couple reflections on the quantum computing breakthrough”. In…
We recently published a list of 12 Best Robinhood Stocks to Buy Under $20. In this article, we are going to take a look at where Rigetti Computing, Inc. (NASDAQ:RGTI) stands against other best Robinhood stocks to buy under $20. Stocks priced under $20 have become an attractive option for investors looking to tap into…
Shares of quantum-computing companies that skyrocketed in 2024 collapsed by double digits Wednesday after Nvidia CEO Jensen Huang said practical uses for quantum computing were more than a decade away. A handful of quantum computing stocks have skyrocketed as some paint the technology as the next big technological innovation, but Nvidia CEO Jensen Huang warned…
The Stargate Project – a venture initially led by SoftBank Group, ChatGPT creator OpenAI, Oracle and Emirati investment firm MGX – plans to plough up to US$500 billion in the US over the next four years into an advanced network of data centres, housing high-performance computing infrastructure needed for AI development initiatives. The first such…
IonQ (IONQ) stock has slumped along with other names in the quantum computing sector following comments made by Nvidia (NVDA) CEO Jensen Huang in early January. However, despite the free-falling share price and cheapening valuation, I’m bearish. This stock rose on the expectation that a quantum revolution was potentially just around the corner, but the…
The United States has revised its longstanding science and technology agreement with China, reflecting intensified competition over technological dominance. The updated agreement, signed on Friday, introduces stricter safeguards to protect national security. Covering only basic research, the agreement sidesteps critical technologies like artificial intelligence and quantum computing, crucial for economic and military influence. It…
By Jeffrey Dastin NEW YORK (Reuters) -Alphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet’s president and chief…
Quantum computing promises to revolutionize the way we process information by leveraging the principles of quantum mechanics. It will offer unprecedented computational power, enabling solutions to complex problems that are currently unsolvable by classical computers. This breakthrough technology has the potential to transform industries such as cryptography, drug discovery, and artificial intelligence. IonQ Inc (IONQ),…
“At the moment, we are artificially creating a barrier between the US and mainland China, and that will stifle the development of technology,” Lawrence Cheung Chi-chong, HKPC’s chief technology officer, said in an interview on the sidelines of an AI conference organised by the council on Tuesday. “A lot of times for us, we don’t…