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Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) shares are trading sharply higher Wednesday. A sector-wide rally in quantum computing stocks was sparked by Nvidia Corp.’s (NASDAQ:NVDA) rollout of new open-source AI models tailored for quantum applications.
On Tuesday, Nvidia introduced Ising. This is the world’s first open-source AI model family for quantum computing.
Nvidia Ising Targets Quantum Scaling
The new models aim to accelerate advances in the quantum sector. Nvidia designed Ising to help researchers build useful quantum processors. “AI is essential to making quantum computing practical,”
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