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Nvidia Corp. (NVDA) CEO Jensen Huang on Tuesday said AI is the “control plane” of quantum machines as the company launched Ising, the world’s first open models to accelerate the development of quantum processors capable of running useful applications.
Huang stated that AI is essential for making quantum computing practical, as Nvidia’s new open AI model focuses on helping enterprises turn quantum processors into large-scale, reliable computers.
“With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems,” Huang said.
Nvidia shares were up nearly 3% in Tuesday’s opening trade.
Nvidia’s Ising is a family of open source quantum AI models, featuring AI-based quantum processor calibration capabilities, as well as quantum error-correction decoding.
The company stated that Ising enables enterprises to tackle larger problems with quantum computers by delivering up to 2.5 times faster performance and three times higher accuracy in the decoding process required for quantum error correction.
Nvidia’s new Ising family of quantum AI models is available on GitHub, Hugging Face, and the company’s own portal at build.nvidia.com.
Nvidia’s quantum computing push sent stocks in the sector soaring, with shares of D-Wave Quantum Inc. (QBTS), Rigetti Computing Inc. (RGTI), and Quantum Computing Inc. (QUBT) soaring between 9% to 14% in Tuesday’s midday trade.
Rigetti announced the general availability of its 108-qubit quantum computing system, Cepheus-1-108Q, last week, offering clients access through its own cloud services platform and Amazon’s quantum cloud computing service, Braket.
Retail sentiment on Stocktwits around QBTS and RGTI trended in the ‘bullish’ territory at the time of writing, while retail traders felt ‘neutral’ about NVDA and QUBT.
One bullish user stated that Nvidia’s Ising announcement is great news for quantum companies and their future.
Another user stated that quantum stocks are looking “inordinately healthy today.”
NVDA stock is up 4% year-to-date and 76% over the past 12 months. The SPDR S&P 500 ETF Trust (SPY) is up 29% over the past 12 months.
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