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Alphabet Stock Jumps After Google Touts ‘Breakthrough’ Quantum Chip | Global News Avenue

Alphabet Stock Jumps After Google Touts ‘Breakthrough’ Quantum Chip

Main points

  • Shares of Google parent Alphabet rose more than 5% on Tuesday after the company launched a “breakthrough” quantum computing chip called Willow.
  • Google says Willow can perform calculations in minutes that would take a supercomputer a billion years.
  • Google CEO Sundar Pichai said that the chip is part of Google’s quantum computer roadmap and its application areas include drug discovery, fusion energy, battery design, etc.

Shares of Google parent company Alphabet (Google) (GoogleShares soar to highest level since July after company launches Willow Quantum computing The chip is said to be able to complete calculations in less than five minutes that would take some of today’s fastest supercomputers a billion years to complete.

In a blog post on Monday, Hartmut Neven, founder and head of Google Quantum AI, noted that Willow has the ability to exponentially reduce errors because it uses more quantum bits (qubits), which are units of information computation. . Quantum computing. (By the way, seven billion is 1 followed by 24 zeros, which is 15 more zeros than a billion.)

Nevin said that historically, the more qubits used, the more errors a quantum chip generates.

Willow achieves second of Google’s six quantum milestones

The phenomenon, known as “quantum error correction,” is the second of six milestones GoogleThe quantum computing roadmap will eventually form a “large-scale, error-correcting quantum computer.”

“We see Willow as an important step toward building practical quantum computers with practical applications in drug discovery, fusion energy, battery design, and more,” Google said. Chief Executive Officer (CEO) Sundar Pichai said on X on Monday.

Alphabet shares rose more than 5% on Tuesday to close at $186.53, and are up more than 30% this year.

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