U.S. President Donald Trump has made headlines again, this time not for politics, but for technology and global partnerships. During a high-level visit to the United Arab Emirates (UAE), Trump pledged strong support for the country’s artificial intelligence (AI) projects. He also announced massive new deals between American and Emirati companies, valued at a staggering $200 billion.
Shares of quantum computing company D-Wave Quantum Inc (NYSE:QBTS) are moving higher Wednesday on what appears to be continued momentum after the company announced the general availability of its latest quantum system.
D-Wave Quantum Inc (NYSE:QBTS) shares are ripping higher in early trading Tuesday after the company announced the general availability of its most advanced quantum computer.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced the general availability of its Advantage2TM quantum computing system, a powerful and energy-efficient annealing quantum computer capable of solving computationally complex problems beyond the reach of classical computers. Featuring D-Wave’s most advanced quantum processor to date, the Advantage2 system is commercial-grade, and built to address real-world use cases in areas such as optimization, materials simulation and artificial intelligence (AI).
The GOP administration recently released another round of AI chip export restrictions against China to prevent it from acquiring advanced semiconductors from American chipmakers. This announcement came as Nvidia CEO Jensen Huang was unveiling the Blackwell architecture and a major AI partnership in Saudi Arabia. The U.S. Commerce Department has issued a warning against using American-made AI chips in Chinese models and condemned diversionary supply chain tactics that attempt to circumvent these restrictions.
Stocks had a strong week on a potential U.S.-China trade deal and cooler inflation data, but volatility may remain as investors shift focus to tax cuts
