Tag: Quantum computing

Assistive TechnologyComputing

Quantum Computing Sector Faces Market Pressure as Leading Stocks Decline

Quantum computing stocks are facing substantial downward pressure this week, with multiple companies reporting double-digit percentage declines. Industry analysts point to broader market concerns affecting the emerging technology sector as Rigetti Computing leads the downturn with the most significant losses.

Quantum Computing Stocks Experience Widespread Declines

The quantum computing sector is facing significant market pressure this week as shares of major publicly traded companies in the space declined substantially, according to recent market analysis. The so-called “Quantum Four” – Rigetti Computing, IonQ, Quantum Computing Inc., and D-Wave Quantum – all saw their stock prices tumble during Thursday’s trading session, with the downward trend reportedly continuing into Friday’s premarket activity.

by Michael Turner
Assistive TechnologyComputing

IBM Advances Hybrid Quantum-Classical Computing with European Expansion

IBM is pioneering hybrid quantum-classical computing approaches that combine both technologies for enhanced performance. The company has established its first European quantum computing facility in Spain’s Basque Country, marking a significant expansion of its global quantum network.

Hybrid Quantum-Classical Computing Strategy

IBM is developing sophisticated hybrid approaches that combine quantum computing with classical systems, according to reports from company executives. Sources indicate this integration isn’t accidental but deliberately designed to leverage the strengths of both computing paradigms. The approach reportedly enables simulations where certain components run on classical computers while others utilize quantum processors, creating synergistic effects that enhance overall computational power.

by Jessica Moore P.E.
ComputingQuantum

D-Wave Quantum Expands European Presence with €10 Million Italian Quantum Computing Deal

D-Wave Quantum has secured a €10 million agreement to bring its Advantage2 quantum computer to Italy through partnership with Swiss Quantum Technology. The deployment marks significant expansion of quantum computing infrastructure in Europe as part of digital transformation efforts.

Quantum Computing Expansion into European Market

U.S. quantum computing firm D-Wave Systems has entered into a strategic partnership to deploy its advanced quantum computing technology in Europe, according to reports released Wednesday. The agreement with Swiss Quantum Technology (SQT) represents a significant step in bringing commercial quantum computing capabilities to the Italian market.

by Jessica Moore P.E.