IONQ IncIonQ announced a collaboration with Nvidia to install its Superion 256 quantum computer and a single-CPU error-correction breakthrough
IonQ shares rallied 5% on Wednesday after the company announced a new collaboration with Nvidia and a quantum computing breakthrough. IonQ said it will install its Superion 256 quantum computer at Nvidia's Accelerated Quantum Research Center in Boston, where it will be connected directly to the AI chip giant's infrastructure. The companies will use the system to conduct research on financial modeling and portfolio optimization, as well as on chemistry for drug discovery. IonQ chairman and CEO Niccolo de Masi called it "the beginning of an exciting era of hybrid quantum-classical computing." The stock also got a lift from a breakthrough announced Tuesday in which IonQ said its system can now detect and correct errors using a single standard CPU, which the company said "removes a major bottleneck in fault-tolerant quantum computing."
IONQ IncIonQ announced a collaboration with Nvidia to install its Superion 256 quantum computer and a single-CPU error-correction breakthrough
NVIDIA CorporationNvidia will host IonQ's quantum computer at its Accelerated Quantum Research Center for hybrid quantum-classical research
International Business Machines
D-Wave Quantum Inc. Common Stock
Rigetti Computing Inc