@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).