IBM's Stock Surges Due to Quantum Computing Progress
IBM's stock is experiencing its best day since January, driven by optimism around the company's quantum computing efforts.
IBM has been gaining attention for its quantum efforts, and a soon-to-be-published paper discusses progress in quantum error correction using an AMD chip.
- IBM aims to build the world's first large-scale, fault-tolerant quantum computer by 2029.
- A new algorithm enables error correction and can run on AMD chips, according to an IBM research paper.
IBM announced a plan to build the world's first large-scale, fault-tolerant quantum computer by 2029
Author's summary: IBM's stock rises due to quantum progress.