IBM recently helped HSBC pull off a quantum computing milestone. Now, IBM wants to further demonstrate quantum's use in finance. A joint study with Vanguard shows how quantum computing could shake up portfolio construction. IBM made headlines in the financial and tech sectors last week with a quantum-powered bond trade it helped HSBC execute. IBM stock jumped as markets reacted to a milestone use case for the cutting-edge tech. Now, the company has revealed the results of another partnership, indic ...

Key Points Rigetti's stock soared 84% in September, dramatically outperforming other quantum computing peers. Despite the exciting developments, companies like Rigetti remain years away from sustainable profits. 10 stocks we like better than Rigetti Computing › Shares of Rigetti Computing (NASDAQ: RGTI) skyrocketed 83.6% in September, according to data from S&P Global Market Intelligence. Quantum computing stocks generally surged last month, with gains ranging from Quantum Computing's 17% jump to D ...

Core Viewpoint - Quantum Computing Inc. (QCi) is associated with the growing trend of quantum computing, but its potential as an investment is debated due to various performance and progress issues [1][2]. Company Analysis - QCi focuses on photon-based quantum computing technology, differentiating itself from competitors that are primarily developing ion- and electron-based systems [4]. - Despite multiple announcements regarding partnerships and prototypes, QCi has not demonstrated significant technological progress compared to competitors like Rigetti Computing, which has achieved continuous milestones since its inception [5][11]. - The company reported losses of $36.5 million last quarter and has engaged in dilutive equity raises, including a $200 million private placement in June and a $500 million placement recently, raising concerns about its financial sustainability [6]. Industry Context - The quantum computing sector is gaining momentum, supported by increased efforts from the White House and major tech companies like IBM [8]. - There is a potential for a "quantum computing stock bubble" if the trend continues to gain traction, similar to past bubbles in other tech sectors [9]. - The current environment may allow QCi's stock to rise in the short term, driven by hype rather than fundamentals, despite the risks associated with its lack of progress [7][10].

I think in many respects we're still early innings. These are questions that we get from our clients all the time like winners and losers with blockchain, with AI, with quantum computing. And frankly, I don't know if we have all the answers.But what I think is exciting from an investment perspective is the ability to take advantage of these greater macro themes um and to ensure that there's that allocation because we know these spaces are really they have the potential to to disrupt uh exactly what the outc ...

Core Insights - This year has seen significant advancements in quantum computing, transitioning from theoretical research to practical applications, with major tech companies making strides in error correction, larger qubit systems, and hybrid quantum-classical technologies [1][2] Company Developments - **Google** has reiterated its Willow roadmap, focusing on error correction and scalable chips, while also launching an Accelerated Quantum Research Center to integrate AI supercomputing with quantum research [2] - **Microsoft** is advancing its quantum computing initiatives with Majorana 1, a topological-qubit processor, and is emphasizing partnerships to scale quantum hardware, aiming for a distinct hardware path that could offer commercial advantages [4][7] - **IBM** is pursuing a stepwise approach to fault-tolerant quantum computing, including the establishment of a new Quantum Data Center and international collaborations, indicating a commitment to building large-scale, fault-tolerant machines [5][6] - **D-Wave** is focusing on commercial traction and revenue growth, reporting stronger year-over-year revenue and emphasizing its hybrid-solver offerings, which are already usable for optimization tasks [6][8] - **IonQ** has achieved significant performance milestones and is working on making its trapped-ion systems compatible with existing telecom infrastructure, which could enhance its commercial viability [9] Market Outlook - The advancements in quantum computing technologies are expected to create new commercialization pathways, with companies like Microsoft, IBM, D-Wave, and IonQ positioning themselves to capitalize on these developments by 2025 [2][3][4][5][9]

Quantum computing is still in its early innings, but investors aren't waiting on the sidelines. ...

Group 1 - D-Wave Quantum's shares increased by 11.5% without any obvious news on the day, following a rise over the previous two days amid investor uncertainty regarding a potential U.S. government shutdown [1] - The company announced a joint proof-of-technology project in the UK aimed at optimizing police vehicle placement for emergency response, which is part of its strategy to maintain leadership in quantum computing [3] - Utilizing quantum computing, D-Wave helped North Wales Police reduce average incident response time by nearly 50%, demonstrating the technology's potential in real-world applications [4] Group 2 - Despite the positive developments, D-Wave has a market cap of $9.5 billion and trailing-12-month sales of $22.3 million, resulting in a high price-to-sales ratio of 426 times, with no profits reported [5] - The recent stock movement appears to be driven by momentum rather than fundamental financial performance, raising caution for potential investors [5] - Analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than D-Wave Quantum [6][7]

Core Viewpoint - Rigetti Computing's stock experienced an 11.5% increase, attributed to recent sales announcements despite broader market uncertainties [1][5]. Company Overview - Rigetti Computing positions itself as a pioneer in full-stack quantum computing, offering on-premises quantum computing systems with qubit counts ranging from 24 to 84 [3]. - The company recently announced the sale of two 9-qubit Novera quantum computing systems, with one buyer being an Asian technology manufacturing company and the other a California-based applied physics and AI start-up [3]. Financial Performance - The total revenue from the recent sales is projected at $5.7 million, which is significant given that Rigetti's total sales over the past 12 months were only $7.9 million [3][5]. - The recent sales announcement represents approximately 72% of Rigetti's annual revenue stream [3]. Future Outlook - Rigetti's CEO expressed optimism regarding the increasing demand for on-premises quantum computing systems as the industry matures [6]. - The two quantum computers sold are expected to deliver in the first half of 2026, potentially allowing Rigetti to double its sales or better in that year [6].

Core Viewpoint - MicroCloud Hologram Inc. has introduced a groundbreaking technology, the Multi-Class Quantum Convolutional Neural Network (QCNN), which aims to enhance multi-class classification tasks by leveraging the advantages of quantum computing, marking a significant step towards the practical industrialization of quantum machine learning [1][9]. Technology Development - The QCNN technology integrates quantum algorithms with convolutional neural networks, achieving superior performance in complex classification tasks compared to traditional neural networks, especially as the number of categories increases [1][2]. - QCNN utilizes parameterized quantum circuits to simulate core operations of convolutional neural networks, enabling efficient modeling of complex feature distributions through quantum gate operations and entangled states of qubits [3][4]. Technical Implementation - The training of QCNN differs from classical neural networks by optimizing parameterized quantum circuits using a cross-entropy loss function and the PennyLane framework for automatic differentiation [4]. - Two optimization methods are employed: one based on polynomial approximations for high-precision gradient estimation and another using finite difference methods for computational flexibility, enhancing training convergence and addressing gradient vanishing issues [4][5]. Computational Efficiency - QCNN demonstrates remarkable computational efficiency, particularly in scenarios with fewer parameters, leading to shorter training times and potential advantages in energy consumption and cost control as quantum hardware advances [5][6]. Strategic Importance - The development of QCNN is a strategic move for MicroCloud, positioning the company at the forefront of the quantum computing revolution, with applications anticipated in fields such as speech recognition, medical diagnostics, financial risk control, and autonomous driving [6][7]. - The technology is seen as a cornerstone of the company's quantum intelligence strategy, aiming to build an intelligent computing platform that redefines the logic of intelligent computing beyond traditional artificial intelligence [8][9].

Key Takeaways Rigetti won a $5.8M, three-year AFRL contract to advance superconducting quantum networking.Collaboration with QphoX aims to link superconducting qubits over long distances.AFRL deal bolsters Rigetti's credibility in securing strategic government contracts.Rigetti Computing (RGTI) has secured a three-year, $5.8 million contract from the U.S. Air Force Research Laboratory (“AFRL”) to advance superconducting quantum networking, marking one of the company’s most strategic government wins to date. ...