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Investing.com -- Shares in quantum computing companies rose in premarket trading Wednesday after Nvidia unveiled the world’s first family of open-source quantum AI models, designed to accelerate progress in the space.
D-Wave Quantum jumped more than 8% in the premarket trade by 05:44 ET, and IonQ gained 6.2%. Infleqtion, Rigetti Computing and Quantum Computing also rose between 3.9% and 5.5%.
Nvidia’s new model family, called NVIDIA Ising — named after a mathematical model used to describe complex physical systems — is built to help researchers and enterprises develop quantum processors capable of running practical applications.
The tech behemoth said the models target two of the most significant obstacles in quantum computing: error correction and processor calibration, delivering up to 2.5x faster performance and 3x higher accuracy in the decoding process required for quantum error correction.
"AI is essential to making quantum computing practical," said Jensen Huang, founder and CEO of NVIDIA. "With Ising, AI becomes the control plane — the operating system of quantum machines — transforming fragile qubits to scalable and reliable quantum-GPU systems."
The global quantum computing market is projected to exceed $11 billion by 2030, Nvidia said, citing analyst firm Resonance, with much of that growth contingent on continued engineering breakthroughs in error correction and scalability.
Quantum computers have the potential to solve problems in physics, chemistry and cybersecurity that would be beyond the reach of conventional machines, but building reliable ones remains a core challenge for the industry, with current systems still prone to errors.