Shares of Arqit Quantum have reached highs near $45.62 after starting around $11 in April, driven by optimism in quantum computing technology. Nvidia CEO Jensen Huang believes the industry is at a pivotal moment, stating that quantum computers are now 'within reach' contrary to earlier predictions. Analysts from Bank of America characterize quantum computing as a monumental breakthrough, potentially enabling complex calculations instantly and transforming fields such as drug discovery and encryption. Quantum computers could expedite drug modeling, drastically reducing the time involved compared to classical computers.
Quantum computing could be humanity's biggest breakthrough since the discovery of fire. A technology that can perform endless complex calculations in zero time, warp-speeding human knowledge and development.
A quantum computer may be able to figure out complex molecular simulations in minutes, while a classical computer could take up to 13 billion years for just 70 atoms.
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