Qubits, brief for quantum bits, are the fundamental unit of data in quantum computing. They’re analogous to the classical bits utilized in conventional computer systems, however they will exist in a superposition of states, permitting them to characterize each 0 and 1 concurrently. This property provides quantum computer systems the potential to carry out sure calculations a lot quicker than classical computer systems.
Qubit is a publicly traded firm that develops quantum computing {hardware} and software program. The corporate’s inventory worth has been risky in recent times, but it surely has typically trended upwards. In 2022, Qubit’s inventory worth rose by over 50%. This was due partly to the corporate’s announcement of a brand new partnership with Google. The partnership will see Google use Qubit’s {hardware} to develop new quantum computing functions.
