D-Wave Quantum Inc. (QBTS) saw its stock soar 7.58% in Thursday's pre-market trading session, riding on the wave of excitement surrounding its latest quantum computing breakthrough. The surge comes on the heels of the company's announcement regarding the general availability of its sixth-generation Advantage2 quantum computing system.
On Tuesday, D-Wave revealed that its Advantage2 system has demonstrated the ability to solve deeply complex problems that classical computers cannot handle. This achievement, often referred to as "quantum supremacy," has been a long-sought goal in the quantum computing industry. CEO Alan Baratz expressed enthusiasm about the development, telling Fast Company in March, "It's what everybody aspired to achieve, and we're quite excited about it."
The broader quantum computing sector also showed strength, with several companies seeing pre-market gains. This surge of interest highlights the growing investor enthusiasm for quantum technology, which has the potential to revolutionize various fields, including cybersecurity and complex problem-solving. While some researchers have challenged D-Wave's claims, investors appear to be betting on the company's potential to lead in this nascent but promising industry.
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