IBM's Stock Surge
IBM's stock is experiencing its best day since January, largely due to its advancements in quantum computing.
Quantum Error Correction Breakthrough
A soon-to-be-published IBM paper reveals progress in quantum error correction using an AMD chip.
- IBM aims to build the world's first large-scale, fault-tolerant quantum computer by 2029.
- The company's algorithm for error correction 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.