Google’s new quantum computing chip, Willow, has sparked interest in quantum computing stocks. D-Wave (QBTS), a leading quantum computing company, recently secured $175 million in funding. CEO Alan Baratz joins Catalysts to discuss the connection between quantum computing and artificial intelligence.
Baratz notes that there are three areas where AI and quantum computing work together: solving problems side by side, optimizing model training and inference, and using quantum distributions for more accurate models. He believes that integrating quantum computing into AI could lead to lower power consumption, making it a game-changer.
The synergy between AI and quantum computing has significant implications for investors. As the technology continues to advance, companies like D-Wave are poised to benefit from this integration. With its new funding, D-Wave is well-positioned to capitalize on this trend, making it an attractive investment opportunity in the quantum computing space.
Source: https://finance.yahoo.com/video/3-reasons-quantum-computing-could-181006561.html