Alphabet I(NASDAQ: GOOGL) (NASDAQ: GOOG) and IBM continue advancing quantum computing technology. Google introduced the quantum chip “Willow,” designed to complete calculations within minutes that would require traditional supercomputers an incomprehensible amount of time to process. IBM set a goal to develop an error-correcting fault-tolerant quantum computer by 2028, with revenue from quantum technology already surpassing $1 billion. Both companies are positioning themselves as leaders in this emerging sector.As of Feb. 12, 2025, Alphabet stock trades at $185.32, reflecting a 0.59% decrease from the previous close. IBM stock stands at $254.70, marking a 2.19% gain.
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About Alphabet Inc.
Alphabet Inc. operates as a multinational conglomerate headquartered in Mountain View, California. The company oversees Google along with multiple former subsidiaries. Areas of focus include technology, life sciences, investment capital, and research. The organization works to structure global information and enhance accessibility.
About IBM
International Business Machines Corporation (IBM) functions as a global technology enterprise based in Armonk, New York. Established in 1911, the company provides hardware, software, cloud services, and cognitive computing solutions. IBM maintains leadership in research and development, contributing innovations in artificial intelligence, quantum computing, and blockchain technology.
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