We recently published a list of Top 10 Trending AI News On Wall Street’s Radar. In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other top trending AI news on Wall Street’s radar.
As the DeepSeek-driven sell-off in US AI stocks started to fade, China is claiming advances in another new-age technology that can impact quantum computing stocks globally. Origin Quantum Computing Technology’s prototype received over 20 million remote visits worldwide, marking a major milestone in the mainland’s quantum computing landscape.
Although China has been viewed as lagging behind the US in quantum computing, it could be leading the race when it comes to quantum communications (quantum networking). China has consistently tested secure quantum communications in fiberoptic and satellite networks.
Elsewhere, physicists working in Google’s laboratory developed a new digital-analog quantum simulator that can study and calculate complex physical processes with unprecedented precision. The milestone has the potential to solve different challenges in diverse fields, from solid-state physics to astrophysics.
“Our research demonstrates that it is possible to create superconducting analog-digital quantum processors on a chip and that these are suitable as quantum simulators,” said Andreas Läuchli, one of the theoretical scientists involved in the breakthrough.
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A modern computer datacenter, running an advanced quantum computer system.
D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 6
D-Wave Quantum Inc. (NYSE:QBTS) is the parent company of D-Wave Systems and DPCM Capital. The company works to advance quantum AI computing systems, software, and services to improve optimization capabilities of annealing quantum computing for clients to develop energy-efficient AI and ML workloads. D-Wave Quantum Inc.’s (NYSE:QBTS) quantum computers enable clients to address real-world business hurdles across industries like logistics, AI, materials science, and drug discovery.
On February 18th, D-Wave Quantum Inc. (NYSE:QBTS) and Staque, a top consulting leader in AI, blockchain, and quantum computing, announced they have jointly built a commercial hybrid-quantum application that simulates and streamlines the movements of autonomous agriculture vehicles at scale. The companies expect the solution to speed up autonomy in agriculture and optimize agricultural operations in real-time.
“We believe that nearly every industry can benefit from the computational power of quantum optimization, and we’re excited to see one of the first hybrid-quantum applications related to agriculture. As farmers increasingly adopt autonomous agriculture machines to scale and increase the output of their fields, we believe quantum computing can provide the analysis, speed, and accuracy necessary to maximize production and minimize costs.”
-said Dr. Alan Baratz, CEO of D-Wave Quantum Inc.
Overall, QBTS ranks 7th on our list of top trending AI news on Wall Street’s radar. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QBTS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
