Shares of online advertising giant Alphabet (NASDAQ:GOOGL) jumped 5.4% in the morning session after the company shared progress in quantum computing by unveiling its new quantum chip, Willow, which solves more complex problems while maintaining accuracy. Using Random Circuit Sampling (RCS)—a rigorous test for evaluating a quantum computer's ability to solve difficult tasks—GOOGL demonstrated that its quantum machines outperform traditional supercomputers, even when dealing with noise and interfe...
Continue Reading(Bloomberg) -- Alphabet Inc. shares jumped the most since October as analysts applauded the Google parent’s announcement Monday of a major development in quantum computing through the use of its Willow quantum chip.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationDC Busi...
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