IonQ shares rise following AWS collaboration

Investing.com -- IonQ (NYSE:IONQ) stock increased by 4.1% today as the company announced the availability of its IonQ Forte Enterprise quantum computer on Amazon (NASDAQ:AMZN) Braket, a service from Amazon Web Services (AWS), alongside its existing IonQ Quantum Cloud. This move reflects the company’s ongoing efforts to make quantum computing more accessible to developers globally, aiming to foster the creation of commercial applications across various industries.

The introduction of IonQ Forte Enterprise to AWS’s Amazon Braket is a significant step for IonQ, as it meets Amazon’s stringent criteria for commercial availability. Niccolo de Masi, President and CEO of IonQ, expressed enthusiasm about the global accessibility of their flagship quantum computer and the potential for developers to harness IonQ’s technologies to tackle some of the most pressing challenges today. He emphasized the importance of the collaboration with AWS in making Forte Enterprise accessible to both new and existing customers, who can now leverage IonQ’s quantum computing systems for practical applications.

Amazon Braket is designed to assist researchers, scientists, and developers in starting with quantum computing. With the addition of IonQ Forte Enterprise, users can now explore applications in fields such as life sciences, financial services, manufacturing, and pharmaceuticals. IonQ’s #AQ36 performance offered through Forte Enterprise is expected to open new possibilities for enterprise customers to create applications that have a significant business impact and address complex issues.

The news of IonQ Forte Enterprise’s availability comes on the heels of recent customer successes with IonQ’s Forte generation of quantum computers. Notably, Ansys (NASDAQ:ANSS), a leader in the Computer-Aided Engineering (CAE (NYSE:CAE)) industry, utilized IonQ Forte to develop applications for designing medical devices with Ansys LS-DYNA® multiphysics software.

IonQ has engineered Forte Enterprise with a rack-mounted form factor that demands lower energy consumption and environmental isolation, which is optimal for modern data center environments. With this latest development, IonQ continues to expand its global data center footprint, with locations in Washington, D.C., Seattle, Washington, and Basel, Switzerland, further solidifying its position as a leader in providing enterprise-grade quantum systems for real-world applications.

Investors seem optimistic on the news, as IonQ’s efforts to make quantum computing more accesible can be read as an advancement in a sector where benefits and breakthroughs have been expected to be reaped much further down the line. In addition to IonQ’s rise, other public quantum companies advanced, including D Wave Quantum (NYSE:QBTS), which gained on yesterday’s announcement of completing a quantum-AI drug discovery project, and Quantum Computing Inc (NASDAQ:QUBT), which rose after securing a new LiDAR order. Rigetti (NASDAQ:RGTI) was also supported by the sector’s good news, as shares rose 2.4% premarket.

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