IBM's Stock Surge
IBM's stock is having its best day since January, driven by optimism around the company's quantum-computing efforts.
Quantum Error Correction Breakthrough
A soon-to-be-published IBM paper discusses progress made in quantum error correction using an AMD chip.
- IBM announced a plan to build the world's first large-scale, fault-tolerant quantum computer by 2029.
- The company developed an algorithm to enable error correction, which can run on AMD chips, according to a research paper.
IBM is known for a lot of different technologies, but its quantum efforts have been getting more attention.
Author's summary: IBM's stock surges due to quantum computing progress.
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