Core Insights - SuperQ Quantum Computing Inc. has announced a strategic collaboration with Girls in Quantum to enhance quantum education and innovation, particularly through the development of Quantum Super Hubs and the beta testing of ChatQLM, a consumer app that integrates quantum computing and supercomputing [1][4][5] Group 1: Collaboration and Impact - The partnership with Girls in Quantum aims to leverage their global reach across more than 30 countries to evaluate the real-world usability and scalability of ChatQLM [2] - Girls in Quantum will facilitate structured beta testing and user engagement initiatives, showcasing how quantum-powered decision intelligence can improve various sectors including finance, logistics, and education [4][5] Group 2: Product Features and Launch - ChatQLM combines conversational AI with advanced optimization capabilities, allowing users to receive decision-ready outcomes from natural language queries [3] - The app will be officially launched at CES 2026 in Las Vegas on January 6, 2026, with live demonstrations scheduled [1][6] Group 3: Company Vision and Goals - SuperQ aims to transition from "quantum potential to quantum utility," emphasizing the importance of practical applications in the quantum computing space [4] - The company is focused on democratizing quantum technology and empowering the next generation of innovators, particularly girls, to address global challenges [5][7]

Core Insights - Both IonQ and Rigetti Computing are significant players in the quantum computing sector, developing advanced technologies but facing substantial cash burn [1] Company Overview - IonQ utilizes a trapped-ion system for its quantum computing technology, while Rigetti employs superconducting qubits, with both targeting industries such as AI, finance, defense, cybersecurity, and manufacturing [2] - IonQ has a market capitalization of $16 billion, while Rigetti's market cap is approximately $7.4 billion [2][6] Financial Performance - IonQ's latest quarterly report showed positive results, exceeding revenue expectations and raising its full-year revenue guidance to $110 million, despite operating costs of $473 million for the first nine months of the year [4] - Rigetti reported revenue of $5.2 million for the first nine months of 2025, with operating losses of $63.4 million during the same period [7] Capital and Valuation - IonQ completed a $2 billion capital raise through new share sales, which diluted existing shareholders but was necessary for continued progress [5] - Rigetti's technology shows scalability potential, but IonQ's current valuation is considered more attractive than Rigetti's [8] Competitive Landscape - It remains uncertain which company will emerge as the leader in the quantum computing space, with IonQ being more established and having significant partnerships, while Rigetti presents a higher-risk, higher-reward investment opportunity [10]

Industry Overview - Quantum computing is a nascent industry with significant long-term potential, currently in its early commercialization phase, making it a high-risk, high-reward investment opportunity [1] - Investors can approach the sector through established tech giants for stability or pure-play start-ups for higher potential returns, albeit with increased volatility [2][3] Company Analysis: Alphabet - Alphabet, through its Google Quantum AI division, is a leader in quantum computing, focusing on developing a large-scale, error-corrected quantum computer [5] - The Willow quantum chip, unveiled in late 2024, has achieved major milestones, including significantly reduced error rates and a breakthrough algorithm called Quantum Echoes that performs calculations 13,000 times faster than classical supercomputers [6][7] - Google Quantum AI aims to build a large error-corrected quantum computer with a goal of 1 million qubits, collaborating with universities and national labs [8] - In Q3, Alphabet's revenue grew 16% year over year to $102.3 billion, with net income climbing 33% to about $35 billion, supported by a strong balance sheet with $98.5 billion in cash and low debt [11][12] Company Analysis: IonQ - IonQ is a leading pure-play quantum computing company utilizing trapped-ion technology, achieving 99.99% two-qubit gate fidelity, a critical benchmark for high accuracy in quantum operations [13][15] - The company collaborates with various partners, including AstraZeneca and Nvidia, for drug development and Hyundai for self-driving car technology [16] - In Q3, IonQ's revenue surged 222% year over year to $39.9 million, despite a substantial GAAP net loss of $1.1 billion due to non-cash charges [19] - IonQ operates a business model monetizing its technology through Quantum Computing as a Service (QCaaS) and partnerships with government agencies, while expanding into quantum networking and security [17][18]

Rigetti Computing Inc. (NASDAQ:RGTI) is one of the most active US stocks to buy according to analysts. On December 17, Wedbush initiated coverage of Rigetti Computing with an Outperform rating and $35 price target. The firm views Rigetti as a prime beneficiary of the growing quantum sector, citing its decade of expertise and focus on superconducting qubits. This specific technology leads the field in versatility and use cases, backed by heavy funding from major global players and government entities, there ...

D-Wave Quantum Inc. (NYSE:QBTS) is one of the most active US stocks to buy according to analysts. On December 17, Wedbush initiated coverage of D-Wave Quantum with an Outperform rating and $35 price target. Wedbush argues that D-Wave is a standout investment because it is commercial-ready in an otherwise young industry. The firm highlighted the company’s immediate applicability of its annealing systems to complex optimization problems, its expansive reach across multiple industrial verticals, and the compe ...

Group 1 - IonQ Inc. is recognized as a leading emerging technology stock, with Wedbush initiating coverage and setting a price target of $60, highlighting its strong position in the quantum sector through specialized trapped-ion architecture [1] - IonQ's revenue is projected to double from 2023 to 2024 and to exceed $100 million by 2025, indicating a robust financial scaling and a formidable sales pipeline [1] - The company announced an expansion of its partnership with QuantumBasel, extending its presence in Switzerland for an additional four years, raising the total partnership value to over $60 million [2][3] Group 2 - Under the new agreement, QuantumBasel will own its current IonQ Forte Enterprise system and has ordered a next-generation IonQ Tempo system, which is designed for deeper quantum circuits and higher-fidelity operations [3] - This collaboration is expected to span four generations of IonQ hardware, providing European enterprises and research institutions with direct access to enterprise-grade quantum processors [3] - IonQ develops quantum computers and networks in the US, selling access to quantum computers with various qubit capacities [4]

Core Viewpoint - High valuations and uncertain business conditions are expected to negatively impact certain AI stocks over the next year, despite significant returns since the end of the 2022 bear market [1] Group 1: Palantir Technologies - Palantir Technologies has seen its stock rise nearly 33-fold from its 2022 low, driven by its Artificial Intelligence Platform (AIP) which has delivered substantial productivity gains for clients [4] - The stock is currently trading at a market cap of $450 billion, with a trailing P/E ratio just above 450 and a forward P/E of around 270, indicating potential bubble territory [5][7] - Revenue for the first nine months of 2025 increased by 51% year over year, but the stock is priced beyond perfection, raising questions about its near-term upside [8] Group 2: C3.ai - C3.ai has developed over 130 software applications for AI adoption, but has faced significant challenges, including the departure of its founder and CEO due to health issues [9][10] - The company reduced its fiscal 2026 revenue guidance from $448 million-$485 million to $290 million-$310 million, with a 20% year-over-year revenue decline in the first half of fiscal 2026 [11][12] - The stock has fallen over 60% from a year ago, trading at a P/S ratio of 5, but deteriorating financials and uncertain management direction raise concerns about its investment viability [14] Group 3: Rigetti Computing - Rigetti Computing operates in the quantum computing sector, which is crucial for next-generation AI, but faces competition from larger companies like Alphabet and IBM [15][16] - The company reported a revenue of just $5.2 million in the first nine months of 2025, a 39% decline from the previous year, and incurred a net loss of $198 million [18][19] - The stock has decreased nearly 60% from its October 2025 high, and with a price-to-book ratio of 22, it presents more risk than reward for investors [19]

Core Insights - D-Wave is positioned to become a significant player in the quantum computing industry over the next decade due to increasing government interest and the launch of its Advantage2 quantum system [1] - The company is expected to see stock price appreciation driven by its expanding real-world applications in sectors such as defense, logistics, and artificial intelligence [1] Company Developments - D-Wave's Advantage2 quantum system is now operational, which is a critical milestone for the company [1] - New capital influx is enhancing D-Wave's strategic roadmap, potentially leading to further advancements and market penetration [1] Market Potential - The growing interest from government entities indicates a robust market demand for quantum computing solutions [1] - Real-world applications of D-Wave's technology are broadening, which could lead to significant upside if the company executes its plans effectively [1]

Core Insights - Rigetti Computing is making significant advancements in quantum computing through new chiplet-based architectures and improved hardware fidelity, which may present a substantial investment opportunity if execution and competition are managed effectively [1] Company Developments - The company is enhancing its hardware capabilities and forming partnerships with both government and industry, indicating a strategic approach to expand its market presence [1] Market Potential - As quantum computing progresses towards practical applications, Rigetti could potentially unlock considerable upside for investors, contingent on its ability to navigate competitive challenges [1]

Company Overview - IonQ is a pure-play quantum computing company that utilizes trapped-ion technology, allowing for high accuracy and operation at room temperature, distinguishing it from competitors using cryogenically cooled systems [3] Revenue Streams - IonQ generates revenue primarily by selling access to its quantum computing power on a per-use or subscription basis through cloud partnerships and its own cloud service [1] - The company also sells specialized quantum computing hardware systems to select customers, including government labs and research institutions, along with maintenance and support services [1] Strategic Partnerships and R&D - IonQ collaborates with third-party cloud platforms such as Amazon AWS, Microsoft Azure Quantum, and Google Cloud to make its quantum computers accessible [2] - A significant portion of IonQ's resources is allocated to R&D aimed at enhancing the performance, accuracy, and scalability of its quantum systems [2] - The company is expanding into quantum networking, security, and sensing applications through strategic acquisitions [2] Recent Developments - IonQ achieved a revenue of $39.9 million in Q3 2025, marking a 222% year-over-year increase, despite operating at a loss [7] - The company ended the quarter with a strong cash and investment position of $1.5 billion [7] - IonQ reached an Algorithmic Qubit score of AQ 64 on its fifth-generation IonQ Tempo system, allowing it to evaluate over 18 quintillion possibilities [8] Market Potential - Quantum computing is projected to unlock trillions in economic value, with a market expected to grow at a compound annual rate of 30% or more through 2035 [10] - IonQ's advancements in quantum networking could further expand its long-term addressable market [10] Applications - The achievement of AQ 64 enables IonQ's quantum computers to address complex problems that classical supercomputers cannot, with potential applications in drug development, financial modeling, and logistics optimization [9]