Quantum computing stocks are on fire, driven by Trump's victory and the broadening adoption of the technology and its applications for drug discovery, cryptography, logistics, and complex financial modeling., which have surged 156% year-to-date . The computer and technology sector pioneer IonQ is widely being accepted as the leader in this segment based on its 102% YoY growing revenues, a $54.
was founded in 1999, making it one of the oldest companies in the industry. Conventional quantum computers use quantum properties like superposition and entanglement to perform computations in a gate model. D-Wave focuses on annealing quantum computers. Annealing uses quantum fluctuations to find optimal solutions to problems gradually settling into a system's lowest energy state. It's best for solving optimization problems in the fields of materials science, logistics, and finance.
D-Wave CEO Alan Baratz stated, “Annealing quantum computing is continuing to drive the commercial adoption of quantum technology. “Organizations around the world – from Vinci Energies in Europe to NTT DOCOMO in Japan – are recognizing the value our technology can bring right now in fueling discoveries, facilitating operational excellence and driving measurable outcomes."
Rigetti plans to release a 36-qubit system by the middle of 2025 and a 100-qubit system by the end of the year in 2025. Rigetti plans to develop the 336-qubit Lyra system afterward.
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