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Google's End-of-Year Quantum Breakthrough: What It Means for the AI Stock in 2025
The Motley Fool· 2024-12-20 09:00
Science fiction is really turning into science fact -- at least it seems like it if you follow Alphabet (GOOG -0.24%) (GOOGL 0.06%) and its Google research programs. The Quantum AI research team just announced a revolutionary Quantum computer chip it calls Willow. With breakthroughs in reliability and computational intensity, Willow can pave the way for quantum computers to be used commercially in the near future. But what exactly does this mean, and how could it impact Alphabet stock? Let's dive into this ...
Nokia and Turkcell Demonstrate Industry Leading Quantum-Safe Protection for Mobile Subscribers
GlobeNewswire News Room· 2024-12-20 06:00
Press Release Nokia and Turkcell Demonstrate Industry Leading Quantum-Safe Protection for Mobile Subscribers Collaborative testing validates secure and trusted quantum-safe IPsec protection against future network security threatsFirst deployment of its kind marking critical step in securing mobile networks against future threats posed by quantum computing. 20 December 2024 Espoo, Finland – Nokia and Turkcell have successfully demonstrated a world-first ability to implement quantum-safe IPsec network cryptog ...
Quantum's Myriad Boosts NVIDIA GPUDirect Storage, QMCO Stock Up 153%
ZACKS· 2024-12-19 15:25
Quantum Corporation (QMCO) recently extended support for the NVIDIA GPUDirect Storage capability by introducing an advanced parallel file system client for its Myriad all-flash file system. The innovation also offers on-the-fly deployment of client nodes across diverse platforms, including support for NVIDIA Grace Hopper with Grace ARM-based architectures. The new client enables seamless integration of powerful GPU nodes into Myriad clusters, tailored for demanding workloads such as artificial intelligence ...
ZenaTech's ZenaDrone Moves to a New Arizona Manufacturing Facility for US Defense Focused on Drone Swarms Using Quantum Computing
GlobeNewswire News Room· 2024-12-19 12:30
TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that its subsidiary company ZenaDrone has moved into its manufacturing facility in Phoenix, Arizona to produce US Defense and NATO drones, part of efforts to produce “Made in America” drones. The new facility will accommodate drone manufacturing and a ...
This Quantum Computing stock surged over 700% in just one month
Finbold· 2024-12-18 14:21
The quantum computing industry is emerging as one of the most dynamic investment frontiers, driven by surging interest from both commercial and government sectors. Market forecasts project the industry to grow from $1.16 billion in 2024 to $12.6 billion by 2032, at an impressive annual growth rate of 34.8%. Against this backdrop, Rigetti Computing (NASDAQ: RGTI) has captured investor attention, with its stock surging over 700% in just one month to reach a 52-week high of $11.13. RGTI five-day stock price. S ...
Scope Technologies Corp. Announces Development Update for the QSE Mobile App for Quantum-Resistant Encrypted Communication and File Sharing
Prnewswire· 2024-12-18 14:00
VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") is pleased to announce that it is currently developing the QSE Mobile App, which will deliver quantum-resistant encrypted communication and file sharing for individuals, businesses, and enterprises.The QSE Mobile App will leverage Scope's proprietary quantum-resistant round-trip encryption to address the critical need for secure communication and data sharing ac ...
Better Quantum Computing Stock: Alphabet vs. IonQ
The Motley Fool· 2024-12-18 13:37
Breakthroughs in quantum computing have shares of Alphabet and IonQ soaring as of late.One pocket of the artificial intelligence (AI) realm that is fetching a fair amount of attention right now is quantum computing. While there are many companies exploring quantum computing, only a finite number have made any measurable progress.Two companies that are emerging as leaders in this new field are IonQ (IONQ 4.86%) and Alphabet (GOOG -0.53%) (GOOGL -0.63%). Through market close on Dec. 13, shares of IonQ have sk ...
Undercovered ETFs: Quantum Computing, India, Digital Assets, Small Caps +
Seeking Alpha· 2024-12-18 13:30
Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...
Google's Quantum Computing Chip 'Willow' Fortifies Its Moat In AI
Seeking Alpha· 2024-12-17 22:57
Since my last analysis of Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ), the stock has gained 12% in price, and a large part of this has been due to increased sentiment related to Google's announcement ofOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate resilient management and lasting competitive advantages. A trusted voice ...
Quantum Computing Stock Skyrockets Further on NASA Contract
Investopedia· 2024-12-17 17:45
Key TakeawaysQuantum Computing was awarded a contract by NASA's Goddard Space Flight Center to use its entropy quantum optimization machine to help the space agency's imaging.Financial terms were not disclosed.Quantum Computing shares, which soared 40% Tuesday, have skyrocketed about 1,600% this year. Shares of Quantum Computing (QUBT), or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administ ...