Quantum Computing Inc

QUBT

Quantum computing is the use of quantum phenomena such as superposition and entanglement to perform computation. Computers that perform quantum computations are known as quantum computers. Quantum computers are believed to be able to solve certain computational problems, such as integer factorization (which underlies RSA encryption), substantially faster than classical computers. The study of quantum computing is a subfield of quantum information science. Quantum computing began in the early 1980s, when physicist Paul Benioff proposed a quantum mechanical model of the Turing machine. Richard Feynman and Yuri Manin later suggested that a quantum computer had the potential to simulate things that a classical computer could not. In 1994, Peter Shor developed a quantum algorithm for factoring integers that had the potential to decrypt RSA-encrypted communications. Despite ongoing experimental progress since the late 1990s, most researchers believe that "fault-tolerant quantum computingstill a rather distant dream." In recent years, investment into quantum computing research has increased in both the public and private sector. On 23 October 2019, Google AI, in partnership with the U.S. National Aeronautics and Space Administration (NASA), claimed to have performed a quantum computation that is infeasible on any classical computer.There are several models of quantum computing, including the quantum circuit model, quantum Turing machine, adiabatic quantum computer, one-way quantum computer, and various quantum cellular automata. The most widely used model is the quantum circuit.

Quantum Computing Inc has been a target of short sellers for a while. The current short interest of 28.59% is slightly above the average of the last 12 months (23.82%).