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Google's Shares Surge on Its 'Willow' Chip: What You Need to Know?
Google's quantum computing lab dropped a bombshell on Monday with the reveal of its latest chip, Willow, instantly grabbing the attention of tech heavyweights like Elon Musk and Sam Altman. CEO Sundar Pichai hyped the breakthrough, calling it "the cracking of a 30-year challenge in the field." Investors seemed to agree with the excitement, as Google's shares soared over 4% in pre-market trading on Tuesday.
The moment the news broke, even Elon Musk exclaimed "Wow!" Meanwhile, OpenAI CEO Sam Altman went out of his way to like, repost, and offer heartfelt congratulations, highlighting just how significant Willow's achievement truly is.
Why is it a big deal?
Google's Willow architecture achieves two groundbreaking advancements in quantum computing: it reduces errors exponentially as the system scales up with more qubits, addressing a key challenge in quantum error correction that has eluded the field for nearly 30 years.
It also performed a standard benchmark computation in under five minutes—a task that would take one of today's fastest supercomputers an astonishing 10 septillion years (10²⁵), a timespan vastly exceeding the age of the Universe, which supports the idea that quantum computation takes place across multiple parallel universes, aligning with the multiverse theory first proposed by David Deutsch.
Which listed companies are also relevant?
Tech giants like $Alphabet-A (GOOGL.US)$ , $Microsoft (MSFT.US)$ , and $Intel (INTC.US)$ have also increased their investments in research, development, and application expansion in quantum computing technology, the $Quantum Computing (LIST2594.US)$ have experienced a major surge this year. Notable highlights include:
$Quantum Computing (QUBT.US)$ a company specializing in photon-based full-stack quantum computing and solutions, has seen a staggering year-to-date increase of 718%.
$D-Wave Quantum (QBTS.US)$ the world's first commercial quantum computer provider, has risen by 428%.
$Rigetti Computing (RGTI.US)$ a pioneer in full-stack quantum computing, has gained over 354%.
$Rigetti Computing (RGTI.US)$ a pioneer in full-stack quantum computing, has gained over 354%.
$IonQ Inc (IONQ.US)$ a leader in the quantum computing industry, has soared by 176%.
$Quantum (QMCO.US)$ a quantum technology company, is up more than 127%.
$Arqit Quantum (ARQQ.US)$ focused on quantum encryption technology, has seen its stock price nearly double.
The quantum computing sector is experiencing rapid growth, with companies achieving technological milestones, securing significant contracts, and attracting high investor interest, which has driven substantial stock price movements.
However, the market remains volatile, as many quantum computing applications are still in developmental stages. Investing in quantum computing stocks carries inherent risks due to the nascent nature of the technology and the unpredictability of the market. Potential investors should conduct thorough research and adopt a long-term perspective, as the widespread commercial adoption of quantum computing is still on the horizon.
Source: Google Quantum AI, Yahoo Finance
However, the market remains volatile, as many quantum computing applications are still in developmental stages. Investing in quantum computing stocks carries inherent risks due to the nascent nature of the technology and the unpredictability of the market. Potential investors should conduct thorough research and adopt a long-term perspective, as the widespread commercial adoption of quantum computing is still on the horizon.
Source: Google Quantum AI, Yahoo Finance
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Sam Vandersey : yes. thanks for the info
71892793 : I need help please
someone
104286830 : Ist a reason for t hi s Stock increase now?
Dan’l : Ridiculous notions of any multiverse, and that it was $Alphabet-C (GOOG.US)$, aside? Willow’s quantum error correction may be the computational breakthrough of this century.
Summary, ironically, by Google AI:
Google has developed a new quantum chip called Willow, which significantly reduces errors as it scales up, a major breakthrough in quantum error correction. Willow also performed a computation in under five minutes that would take a supercomputer 10 septillion years, demonstrating its potential for solving complex problems beyond the reach of classical computers. This achievement marks a significant step towards building commercially relevant quantum computers that can revolutionize fields like medicine, energy, and AI.
Hana Irfa : Thank you.
NgWaiMing :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103385235 : what about IBM?
Vegas1 : Nice action in quantum space
This will be the future and take over Ai