Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images<\/p>\n
D-Wave Quantum<\/a>‘s latest quantum computing system has hit the market, the company said Tuesday. Shares popped more than 18%.<\/p>\n The quantum computer, known as Advantage2, marks its sixth iteration and most advanced system, the company said.<\/p>\n “It’s an engineering marvel, with substantial technical advancements that highlight D-Wave’s progress in scaling quantum technology to meet industry demands for growing computational processing power while maintaining energy efficiency,” said CEO Alan Baratz in a press release.<\/p>\n D-Wave said the computer, accessible through its cloud service, offers a 40% boost in energy scale, and reduces noise by 75%. Advantage2 also uses an updated system with 20-way connectivity that can use fewer qubits to solve problems. A qubit, or quantum bit, refers to a unit used to encode data in quantum computers.<\/p>\n Recent quantum announcements from major technology giants have boosted optimism in the sector that promises to solve intricate computing tasks unachievable by regular computers. <\/p>\n Google<\/a> debuted its latest quantum computing chip known as “Willow<\/a>” in December, while Microsoft<\/a> launched its first quantum chip<\/a> earlier this year.<\/p>\n But some quantum experts and tech CEOs have cast doubt on how soon quantum applications can hit the market. <\/p>\n Nvidia<\/a> CEO Jensen Huang <\/a>in January said that 15 years was on the “early side” for “very useful” quantum computers, sending quantum stocks spiraling. Meta Platforms<\/a> CEO Mark Zuckerberg also tempered expectations<\/a> on the sector.<\/p>\n Huang later walked back those comments<\/a> at a company event in March, with D-Wave’s Baratz and other quantum executives in attendance. Baratz told CNBC shortly after the initial comments that Huang was “dead wrong”<\/a> about quantum computing.<\/p>\n Other quantum computing stocks jumped on the news with Quantum Computing<\/a> and Rigetti Computing<\/a> last up more than 10% and 5%, respectively. IonQ<\/a> added 3%.<\/p>\n","protected":false},"excerpt":{"rendered":"Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images D-Wave Quantum‘s latest quantum computing system has hit…\n","protected":false},"author":2,"featured_media":117225,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3164],"tags":[15252,3083,3085,3284,52613,51063,15251,15253,8572,24007,52614,53,49022,16,15],"class_list":{"0":"post-117224","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-alphabet-inc","9":"tag-breaking-news-technology","10":"tag-business-news","11":"tag-computing","12":"tag-dpcm-capital-inc","13":"tag-ionq-inc","14":"tag-meta-platforms-inc","15":"tag-microsoft-corp","16":"tag-nvidia-corp","17":"tag-quantum-computing-inc","18":"tag-rigetti-computing-inc","19":"tag-technology","20":"tag-the-edge","21":"tag-uk","22":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114540545531115593","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/117224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=117224"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/117224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/117225"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=117224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=117224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=117224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}