Emily Fontaine is the global head of venture capital at IBM. The company’s venture fund, IBM Ventures, is a $500 million fund currently focused mostly on AI and quantum computing. So far it has made 23 investments in companies including Hugging Face (tools for machine learning), Not Diamond (optimizes the choice of AI model on a task-by-task basis), Unstructured (which structures data for LLMs), QEDMA (error correction in quantum computing), and Reality Defender (deepfake detection software). Fontaine tal ...

Core Insights - Nvidia's CEO Jensen Huang highlighted that quantum computing is reaching a critical turning point, drawing attention to the potential exponential growth in the field, akin to Moore's Law [1] - The launch of the "Wuyue Era" quantum computing operating system by China Mobile aims to address the challenges in the quantum computing software ecosystem and enhance the overall efficiency and collaboration within the industry [1][3] Group 1: Quantum Computing Developments - The "Wuyue Era" operating system is the first open-source quantum computing OS in China, designed to support multiple quantum computing architectures and enhance the ecosystem [1][3] - The operating system employs a unified hardware abstraction design and dedicated driver modules to ensure compatibility across different quantum computing technologies [3] - The current gap between quantum and classical computing in terms of hardware performance and application ecosystems is acknowledged, emphasizing the importance of early operating system development for future advancements [3][4] Group 2: Industry Challenges and Solutions - The quantum computing software ecosystem faces challenges due to the independent development of software stacks for various quantum technologies, leading to inefficiencies [3][4] - There is a need for improved collaboration between hardware and software to create integrated solutions and a standardized open-source software ecosystem [4][7] - The establishment of the Open Atom Open Source Foundation is seen as a strategic move to foster collaboration among industry, academia, and developers, promoting transparency and standardization in quantum computing [7][8] Group 3: Community and Ecosystem Building - The open-source community for the "Wuyue Era" operating system has been initiated, with over ten ecosystem partners already signed on, aiming to create a comprehensive ecosystem around the operating system [8] - The community will utilize a collaborative model, allowing users and companies to form Special Interest Groups (SIGs) to work on various projects, ensuring broad participation in technology development [8][9] - Future plans include expanding the contributor incentive mechanisms and enhancing the influence of the open-source alliance within the industry, while also promoting the establishment of quantum computing standards [9]

Group 1 - The first large-scale dedicated optical quantum computer manufacturing factory in China has officially opened in Shenzhen, marking a significant step in the country's transition from laboratory research to production standards in quantum computing [2] - The factory aims to establish replicable and scalable manufacturing standards for quantum hardware, emphasizing its importance beyond just producing a single quantum computer [2] Group 2 - In the first ten months of this year, the national electricity market trading volume in China reached 54,920 billion kilowatt-hours, a year-on-year increase of 7.9%, accounting for 63.7% of the total electricity consumption [3] - The intra-provincial trading volume was 41,659 billion kilowatt-hours, up 6.6% year-on-year, while the inter-provincial trading volume increased by 12.5% to 13,261 billion kilowatt-hours [3] - Green electricity trading volume surged by 39.4% to 2,627 billion kilowatt-hours [3] Group 3 - The Shenzhou-22 spacecraft successfully docked with the Tianhe core module of the space station, marking a significant achievement in China's manned spaceflight program [4] - Following the docking, Shenzhou-22 will serve as the return vehicle for the crew of Shenzhou-21 [4] Group 4 - Beijing's economic and information technology bureau has introduced measures to support the high-quality development of the medical device industry, including funding for collaborations between medical device manufacturers and large model enterprises [4] - The initiative includes a maximum funding support of 30 million yuan for projects that reach leading domestic and international standards [4] Group 5 - The Shanghai Blockchain Innovation Fund was officially launched during the 2025 Global Digital Business Conference, alongside the release of digital identity recognition results and standards for mineral data export [6] Group 6 - UBTECH Technology announced a 264 million yuan order for humanoid robots, expected to be delivered in December, focusing on the latest model capable of autonomous battery swapping [8] Group 7 - Novartis China responded to rumors of dissolving its county-level team, stating that it will adjust its operational model to continue serving the county medical market starting January 1, 2026 [9] Group 8 - The U.S. government has initiated the "Genesis Project," aimed at transforming scientific research through artificial intelligence, with a focus on creating an AI experimental platform [10] - The project will integrate supercomputers and unique data assets to support scientific modeling and robotics [10] Group 9 - Japan plans to invest an additional 700 million USD into the Rapidus advanced semiconductor project over the next two fiscal years to support advanced semiconductor production [11] Group 10 - South Korea will pilot an AI system to manage traffic congestion at intersections, utilizing AI-based video analysis technology to improve law enforcement accuracy [12] - The system aims to be implemented in ten congested intersections by 2026 and expanded nationwide by 2027 [12] Group 11 - Reports indicate that Apple has made significant progress in developing a foldable iPhone with a no-fold design, potentially becoming the first truly crease-free foldable phone on the market [13] - Foxconn has established a dedicated production line for the foldable iPhone, indicating that the project has moved beyond the experimental stage [13] Group 12 - OpenAI has launched a shopping research feature for ChatGPT, which generates personalized shopping guides by clarifying user needs and retrieving information from the web [14]

SEALSQ Corp (NASDAQ:LAES) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 18, the company reaffirmed its FY 2025 revenue guidance and announced expectations for a strong acceleration in growth for 2026. This is aided by an expansion of customer demand, the impact of the acquisition of IC’Alps, and the scaling of the post-quantum product roadmap. SEALSQ Corp (NASDAQ:LAES) reaffirmed its FY 2025 revenue guidance of $17.5 million – $20.0 million, showcasing full-year growth of ...

Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 14, the company released financial results for the 3 months ended September 30, 2025. The company’s Q3 2025 revenues totaled ~$384,000 as compared to $101,000 in Q3 2024. The revenue growth was mainly because of increases in the number of, size of, and level of effort performed on R&D services and custom hardware contracts. Quantum Computing (QUBT) Releases Financial Results for 3 Months En ...

Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 12, David Williams, a Benchmark analyst, assigned a “Buy” rating to the company’s stock, with a price objective of $40. While the analyst remains constructive on progress, mainly its chiplet-based architecture and roadmap execution, he believes that the recent volatility throughout emerging tech and AI sectors impacted near-term investor enthusiasm for shares in the quantum industry. Bench ...

D-Wave Quantum Inc. (NYSE:QBTS) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 10, Benchmark analyst David Williams lifted the price target on the company’s stock to $35 from $20, while keeping a “Buy” rating. As per the firm, D-Wave Quantum Inc. (NYSE:QBTS)’s Q3 2025 saw healthy progress with continued momentum for broader commercialization and sustainable profitability. Notably, the company saw bookings to the tune of $2.4 million, reflecting a rise of ~$100,000 or 3% YoY ...

IonQ, Inc. (NYSE:IONQ) is one of the Best Quantum Computing Stocks to Invest In Right Now. On November 7, Cantor Fitzgerald lifted the price target on the company’s stock to $70 from $60 while keeping an “Overweight” rating after the Q3 2025 earnings report, as reported by The Fly. As per the firm, IonQ, Inc. (NYSE:IONQ) is in the very early innings of commercializing its technology. Cantor Fitzgerald Raises PT on IonQ (IONQ) Stock Furthermore, the company remains well-placed to capture 30% of the quantu ...

Core Insights - Quantum computing is transitioning from research to early commercial traction, with IonQ and Rigetti Computing as key players in this shift [1][2] Group 1: IonQ Overview - Technical momentum includes achieving the AQ 64 performance milestone on Tempo ahead of schedule and a world-record 99.99% two-qubit gate fidelity, indicating a focus on qubit quality and algorithmic usefulness [3] - Commercial progress is highlighted by Q3 2025 revenues of $39.9 million, a 222% year-over-year increase, attributed to growth in computing and networking, sensing, and cybersecurity products [4] - The balance sheet is strengthened by a $2.0 billion equity offering, resulting in a pro-forma cash position of approximately $3.5 billion with no debt, supporting an aggressive multiyear product roadmap [5][16] Group 2: Rigetti Overview - Rigetti's roadmap includes plans for a 100+ qubit chiplet-based system with 99.5% median two-qubit gate fidelity by end-2025, aiming for a 1,000+ qubit system by end-2027 [8] - Early commercial traction includes securing two purchase orders totaling $5.7 million for its 9-qubit Novera systems and a $5.8 million contract with the Air Force Research Laboratory, indicating growing interest in quantum hardware [9] - Despite revenue softness, Rigetti's stock performance surged 69.4% over three months, outperforming IonQ and the S&P 500 [10][17] Group 3: Financial Estimates - Earnings estimates for IonQ have declined significantly, with a projected loss of $5.14 per share for 2025, reflecting a 229.5% decline from the previous year [11] - Rigetti's earnings estimates also fell, with a projected loss of $0.68 per share for 2025, indicating an 88.9% decline from the prior year [15] Group 4: Comparative Analysis - IonQ is positioned with stronger revenue momentum and a fortified balance sheet, while Rigetti shows operational leverage and favorable earnings revisions [16][17] - IonQ is likely to maintain a comparative advantage in financial strength and commercial visibility, whereas Rigetti may offer higher-beta upside if it meets technical milestones [18]

Core Viewpoint - Quantum computing stocks, particularly IonQ, have seen significant declines, with IonQ down 40% from its all-time high, raising questions about whether it is a good time to buy the dip or wait for further declines [1][2]. Company Overview - IonQ is recognized as a leader in the quantum computing space, boasting the industry's most accurate solution with a two-qubit gate fidelity of 99.99%, significantly better than the industry average of 99.9% [3][4]. - The current market capitalization of IonQ is $17 billion, with a current stock price of $47.06 [5][6]. Technology and Competitive Landscape - IonQ utilizes a trapped ion approach, which allows for operation at room temperature, contrasting with the superconducting technique used by most competitors that requires extreme cooling [6]. - The primary disadvantage of IonQ's technology is its processing speed, as superconducting computers are generally faster. If a competitor develops a superconducting platform that matches IonQ's accuracy, it could diminish IonQ's market attractiveness [7]. Market Outlook - The timeline for commercially viable quantum computing is projected around 2030, leaving ample time for competitors to catch up to IonQ, despite IonQ's current technological lead [8][9]. - The market is currently risk-averse, and there is uncertainty regarding job markets and inflation, which may prolong the sell-off of high-risk stocks like IonQ [10]. Investment Strategy - Investors are advised to remain patient, as multiple sell-offs are expected before 2030, providing further opportunities to purchase IonQ at a discount [11].