@Investment4Life brought up $QBTS (+2.85%) and their Quantium Annealing tech… which I found interesting; especially, with my exposure in Quantum Computing via $IONQ.

Two leaders in quantum computing, $IONQ and $QBTS (+2.85%), have different approaches to advancing quantum computing technology. IONQ uses gate-based quantum computing with trapped ions, while D-Wave specialises in quantum annealing, a niche technology focused on optimisation problems.

Simplified Technology Explanation:

IONQ (Gate-Based Quantum Computing):

Imagine solving a complex puzzle step-by-step, where each move builds toward the solution. Gate-based systems manipulate qubits using quantum logic gates, making them versatile for tasks like AI, simulations, and cryptography.

D-Wave (Quantum Annealing):

Think of a marble rolling across hills to find the deepest valley. Quantum annealing identifies the lowest-energy solution, ideal for problems like route planning or scheduling where multiple solutions compete.

Global Impact

IONQ:

• AI: Enhances machine learning models by processing massive datasets more efficiently.

• Drug Discovery: Simulates molecular interactions to accelerate development.

• Finance: Optimises risk modeling and portfolio management.

D-Wave:

• Logistics: Solves route optimisation for supply chains (e.g., finding the fastest delivery routes). BULLISH

• Machine Learning: Refines algorithms for pattern recognition.

• Finance: Improves fraud detection and financial forecasting by analysing complex data.

IONQ offers versatility with gate-based quantum systems, pushing boundaries in AI and research, while D-Wave excels in tackling specific optimisation challenges with quantum annealing. Both pave essential, complementary paths toward a quantum-powered future, addressing unique challenges classical systems cannot. Their parallel innovations drive advancements in industries like finance, healthcare, and technology.

Notes:

• I currently have a stake in IonQ

• I am interested in opening a position in D-Wave. Mainly to compliment my Amazon position (supply chain optimisation).