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D-Wave Quantum (QBTS) stock soared on April 15 after Nvidia’s (NVDA) announcement of its open-source Ising artificial intelligence models built specifically for quantum computing.
Nvidia launched open-source Ising AI models that specifically target quantum computing hardware challenges.
KEY POINTS
- Ising models automate QPU calibration and enable error correction via 3D CNN-based decoding for quantum computers.
- D-Wave reported Q4 bookings up 471% and has surpassed $33 million year-to-date.
- D-Wave acquired Quantum Circuits, adding a gate-model capability to its existing annealing platform.
- D-Wave holds about $635 million in cash, supporting its operational runway.
COMPANIES
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