Tag #Quantum Computing

lemonde.fr
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Alice & Bob Secures €100 Million to Develop Quantum Computer

French quantum computing startup Alice & Bob secured €100 million in funding on January 28th, 2024, aiming to deliver a useful quantum computer by 2030, using a unique 'cat qubit' approach.

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48% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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Financial and Tech Sectors Surge; Upcoming IPOs and Fannie Mae/Freddie Mac Uncertainty

CNBC's Stocks @ Night highlights significant gains in financial and technology sectors; Citigroup reached a new high, while several banks and chipmakers reported strong recent performance. However, other chipmakers experienced losses, and upcoming IPOs along with the situation around Fannie Mae and ...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
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Rigetti's Stock Plummets 50% on Quantum Computing's Long-Term Outlook

Rigetti Computing, a leading quantum computing company, experienced a 50% stock price drop after NVIDIA's CEO projected a 20-year horizon for commercially viable quantum computers, exposing the speculative nature of its 250 P/S valuation despite potential high revenue growth.

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52% Bias Score

Industry, Innovation, and Infrastructure
nbcnews.com
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D-Wave CEO Challenges Nvidia's Quantum Computing Timeline"))

Nvidia CEO Jensen Huang's prediction that useful quantum computers are 15-30 years away sent shockwaves through the quantum computing market, with D-Wave's stock plunging 36%, despite D-Wave CEO Alan Baratz's claim that their annealing quantum computers are already in commercial use by companies lik...

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44% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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Bank ETFs Suffer Longest Losing Streaks Since 2015; Quantum Stocks Plummet

CNBC reports that the SPDR S&P Regional Banking ETF (KRE) is down 14% from its November high, marking its longest seven-week losing streak since 2015, while the SPDR S&P Bank ETF (KBE) is experiencing its sixth consecutive weekly loss; furthermore, several quantum computing stocks experienced signif...

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Decent Work and Economic Growth
africa.chinadaily.com.cn
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China's Massive 5G and 6G Investment to Drive Technological Leadership

China plans to install 4.5 million more 5G base stations in 2024, alongside trials for 6G and investments in quantum technology, bio-manufacturing, and AI, to maintain its global technological leadership and bolster industrial growth, while also opening its telecommunications sector further to forei...

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56% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
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Market Movers: Energy Surges, Retail Mixed, Quantum Computing Rallies

CNBC's market analysis reveals mixed results for regional banks, a surge in the energy sector, strong holiday sales for some retailers, and a rally in quantum computing stocks, contrasting with Apple's downturn and overall market trends.

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36% Bias Score

Decent Work and Economic Growth
foxnews.com
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Trump's Energy Policy Shift Prioritizes Nuclear Power Amidst Growing Tech Demands

President-elect Trump's return signals a shift toward nuclear energy to meet the rapidly growing energy demands of AI and quantum computing, countering the Democrat's solely renewable approach and securing America's technological edge against China and Russia.

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Affordable and Clean Energy
cnbc.com
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D-Wave CEO Rebuts Nvidia's Quantum Computing Timeline

Nvidia CEO Jensen Huang predicted that useful quantum computers are 15-30 years away, causing a 36% drop in D-Wave's stock price; D-Wave CEO Alan Baratz countered that their annealing-based quantum computers are currently used by companies like Mastercard and NTT Docomo.

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Industry, Innovation, and Infrastructure
cnbc.com
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Fed Cautious on Inflation, Trump Policies; Stocks Unfazed

The Federal Reserve's December meeting minutes revealed concerns about inflation exceeding its 2% target and the influence of President-elect Trump's policies, leading to slower interest rate cuts; despite this, U.S. stocks saw a minor increase on Wednesday.

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40% Bias Score

Reduced Inequality
welt.de
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Quantum Computing: Revolutionizing Medicine, AI, and Geopolitics

A "Aha! Ten Minutes of Everyday Knowledge" podcast episode features Dr. Florian Neukart discussing quantum computing's potential in medicine, AI, and the risks to data security, highlighting the technology's complex implications and global impact.

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36% Bias Score

Good Health and Well-being
cnbc.com
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Boeing Shares Drop After Deadly South Korea Crash; V2X Rises on DEA Contract

Following a deadly weekend crash in South Korea involving a Boeing 737-800, the country has ordered an inspection of all such planes operated domestically, causing Boeing shares to fall 3%; meanwhile, V2X stock rose 4.2% after securing a $170 million contract with the DEA, while other tech stocks li...

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