Will Google (GOOGL) Stock Be Boosted by D-Wave Deal?

Reddit Email Print Reprint NEW YORK (TheStreet) — Google (GOOGL – Get Report) , along with NASA and Universities Space Research Association (USRA), reached a new agreement with quantum computing company D-Wave Systems to get a new quantum computer. The new processor will be installed at the Quantum Artificial Intelligence Lab. “Working with the D-Wave processors has helped us develop and fine-tune models of quantum annealing,” said Hartmut Neven, Google’s head of the Quantum Artificial Intelligence Lab, The Verge reports. Google, NASA and USRA are hopeful that quantum computing will be able to solve complex problems and help in the advancement of artificial intelligence, Fortune said. Google shares are falling 2.15% to $626.39 on Monday afternoon. Separately, TheStreet Ratings team rates GOOGLE INC as a Buy with a ratings score of B. TheStreet…

Link to Full Article: Will Google (GOOGL) Stock Be Boosted by D-Wave Deal?

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!