6D·

Saw an early trend (word search from post codes in tech such as silicon valley) in quantum computing. One reason I began slowly buying shares in $IONQ

Whats is Quantum computing? It basically is a cutting-edge technology that leverages quantum mechanics to process information exponentially faster than classical computers. Unlike traditional systems, which use binary bits (0 or 1), quantum computers use qubits, which can exist in multiple states simultaneously, enabling complex computations in seconds that would take traditional computers years.


How it works in with AI? In AI, quantum computing can drastically enhance capabilities, such as improving machine learning models, optimising data processing, and reducing energy requirements for large-scale AI computations. It is particularly valuable in tackling problems like AI training, optimisation algorithms, and simulations that require massive computational power. My original thesis was rather than invest in the energy sector that goes into running AI sites, why not invest in the technology that can enhance the energy requirements (ie efficiency).


Stock/Company I chose: IonQ ($IONQ
) is a leading player in quantum computing, specialising in trapped-ion quantum systems, considered one of the most scalable and precise quantum computing approaches. IonQ’s focus on enterprise applications, like AI advancements and quantum machine learning, positions it at the forefront of the industry’s commercialisation. They have recently purchased another company for their patents.


NFA: I am 215% up from writing this.


Would love to hear your own analysis on companies/where the market is moving.

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Nice.
I am a big quantum fan! And besides $IONQ
I am Also invested in: $QBTS , $IBM , $MSFT , $GOOGL, $FORM

As the big player are already profitable with other products. I am sure Ionq and D-Wave have the best people working on this technology. Furthermore, D Wave has a niche in quantum with their annealing approach.
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