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Quantum News Briefs: March 4, 2024: Quantum Entangled Material Promises Advances In Ultrathin Quantum Technologies; “3 Quantum Computing Stocks to Turn $100,000 Into $1 Million”

IQT News — Quantum News Briefs
By Kenna Hughes-Castleberry posted 04 Mar 2024

Quantum News Briefs: March 4, 2024:

Quantum Entangled Material Promises Advances In Ultrathin Quantum Technologies

File:Aalto University logo.svg - Wikimedia Commons

Researchers at Aalto University have made a significant theoretical discovery, demonstrating the possibility of creating a monolayer of heavy-fermion Kondo matter, a state of matter characterized by quantum entanglement, as published in Nano Letters on February 23, 2024. This advancement could pave the way for developing new quantum technologies using two-dimensional materials, offering building blocks with unique properties such as superconductivity, magnetism, and topological matter. The study reveals the microscopic interactions behind the heavy-fermion Kondo matter’s unconventional behavior in a monolayer material, specifically in monolayer CeSiI, highlighting its potential as a robust building block for quantum computers resistant to noise. This discovery challenges previous limitations in studying heavy-fermion compounds, traditionally analyzed in bulk materials but also opens up exciting prospects for engineering new quantum devices based on exotic heavy-fermion phenomena through the flexibility of stacking van der Waals layers.

In Other News: Investor Place article: “3 Quantum Computing Stocks to Turn $100,000 Into $1 Million”

Stock Market News, Stock Advice & Trading Tips | InvestorPlace

In the burgeoning field of quantum computing, three companies—Quantum Computing (QUBT), IonQ (IONQ), and Hewlett Packard Enterprise (HPE)—stand out as potential game-changers capable of transforming a $100,000 investment into a million dollars, according to a recent Investor Place article. Quantum Computing is making strides with its quantum computing hardware and software despite operating at a loss and not expecting profitability until post-FY2028. IonQ sets itself apart by developing trapped-ion quantum computers, forecasting a significant revenue increase by FY2027 despite being unprofitable. Hewlett Packard Enterprise focuses on IT and quantum computing through its Intelligent Edge segment, aiming for substantial revenue growth and shareholder returns over the next few years, leveraging supercomputers to benchmark quantum computational performance. These stocks represent high-risk and high-reward investments in a sector poised for explosive growth, offering investors the chance to partake in the quantum computing revolution.

Kenna Hughes-Castleberry is the Managing Editor at Inside Quantum Technology and the Science Communicator at JILA (a partnership between the University of Colorado Boulder and NIST). Her writing beats include deep tech, quantum computing, and AI. Her work has been featured in National Geographic, Scientific American, Discover Magazine, New Scientist, Ars Technica, and more.

Categories: photonics, quantum computing, research

Tags: Aalto University

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