Quantum Computing Stocks are in focus after Google unveiled its new quantum computing chip, Willow, who contributed to Alphabet Stock’s Recent Gains.
Wave D (QBTS), a quantum computing company, announced that it had secured $175 million in funding. CEO Alan Baratz Joins Catalysts Co-Hosts Sean Smith And Madison Mills to analyze what’s happening in the quantum computing space and what investors need to know about its connection to artificial intelligence (AI).
“There is a lot of synergy between AI and quantum,” Baratz says, adding, “The way I look at it is that there are three areas where AI and quantum are working together.”
“The first and most obvious is that everyone can work side by side to solve a problem synergistically. For example, you can use AI to predict product demand in the future, then use quantum computing to optimize the supply chain to meet this demand.”
“Second, we are currently doing a lot of work on how quantum computing could be used in model training and inference for AI.” The CEO explains: “Since (quantum is) much faster than classical (computing) and requires much less energy, we believe we might be able to support the training and inference of models with much less energy. higher energy consumption than todaywhich could change the situation.”
“Finally, models based on quantum distributions rather than classical distributions may enable more accurate (AI) models.”
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This article was written by Naomi Buchanan.