Tuesday, 02 January 2024 12:17 GMT

Xanadu Quantum Technologies Limited


(MENAFN- Baystreet) 10:15 AM EST - Xanadu Quantum Technologies Limited: Today announced an algorithmic breakthrough in Quantum Read-Only Memory (QROM), a vital component for executing advanced quantum applications. This new implementation is expected to reduce the number of expensive quantum operations by approximately twofold, directly overcoming a significant hardware bottleneck that challenges near-term, utility-scale fault-tolerant quantum computers. Xanadu Quantum Technologies Limited shares T are trading up $1.04 at $20.50.

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