Wave, and Rigetti have delivered mind-boggling returns as "Q-Day" encryption threats drive government urgency and billion-dollar funding into quantum computing infrastructure.

At its GTC DC event, the company announced major initiatives spanning quantum computing, 6G networks and “AI factories” built with the United States Department of Energy and Oracle Corp. — all framed as part of what executives described as America’s next industrial and scientific renaissance.

Seeking Alpha's roundup of statements, announcements, and remarks that could impact the technology sector. Read more here.

In this week’s edition of The Prototype, we look at the man trying to build the next Tesla, a retinal implant that restores eyesight and more.

The breakthrough, confirmed in Nature, pushes quantum computing from theory to real-world validation. Alphabet stock rose 1.8%, adding nearly $35 billion in market value, as investors priced in Google’s evolving quantum edge. Following Google’s latest breakthrough, quantum computing is starting to look a lot more like a business.

D-Wave, IonQ, and Rigetti are deeply unprofitable. Over the past year, the first two companies burned twice as much cash as they earned in revenue, and Rigetti burned six times as much cash. The other problem is their valuations. All three stocks trade at price-to-sales (PS) ratios that are nonsensical when compared to forecasted sales growth.

Governments and technology companies are fueling an urgent, high-stakes race to develop quantum power, which promises to revolutionize— and potentially compromise — global security.

Google's Willow quantum chip ran the first algorithm faster than supercomputers while pure-play quantum stocks dropped 7%.

Alphabet Inc.’s Google ran an algorithm on its “Willow” quantum-computing chip that can be repeated on similar platforms and outperform classical supercomputers, a breakthrough it said clears a path for useful applications of quantum technology within five years.

Designed to accelerate advances in medicine and other fields, the tech giant’s quantum algorithm runs 13,000 times as fast as software written for a traditional supercomputer.

Quantum Circuits, Inc., announced its latest integration with NVIDIA's hybrid quantum-classical platform, NVIDIA CUDA-Q, enabling users of its innovative Aqumen Seeker quantum processing unit (QPU) to run the next generation of quantum applications that harness machine learning and AI techniques for high-performance use cases.