Gate News message, April 17 — Nvidia announced a new artificial intelligence product suite called Ising on April 14 (World Quantum Day) to address quantum computing’s persistent error correction challenges, sparking a sharp rally in quantum computing stocks, according to CNBC and other international media on April 16 (local time).
The Ising product can increase quantum error correction speed by up to 2.5 times and improve accuracy by three times, Nvidia said. Following the announcement, quantum computing companies IonQ and D-Wave saw their stock prices surge more than 50% from the beginning of this week, while Quantum Computing Inc. and Rigetti Computing gained approximately 30% or more. Nvidia CEO Jensen Huang emphasized that “AI is essential to making quantum computing practical.” He stated that through Ising, “AI becomes the control plane, or the operating system of quantum machines,” transforming “unstable qubits into scalable and stable quantum-GPU systems.”
Quantum computing advocates expect the technology to accelerate drug development and solve problems difficult for conventional computers. Major tech companies including Microsoft, Alphabet, and Amazon, as well as the U.S. government, are continuing substantial investments in quantum computing development. However, the market remains in its early stages with significant stock price volatility; D-Wave and Rigetti Computing have each declined approximately 18% and 12% respectively this year.
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