IBM's Stock Surges Due to Quantum Computing Progress
Shares of International Business Machines Co. are having their best day since January, driven by growing optimism around the company's quantum computing efforts.
IBM is working towards building the "world's first large-scale, fault-tolerant quantum computer" by 2029, with a recent development in quantum error correction using an AMD chip.
IBM announced a plan to build the world's first large-scale, fault-tolerant quantum computer by 2029
- IBM's quantum efforts are gaining attention
- A soon-to-be-published paper discusses progress in quantum error correction using an AMD chip
Author's summary: IBM's stock surges due to quantum progress.
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