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D-Wave Jumps 52% After Nvidia Releases Open-Source Ising AI Models

The release signaled practical fixes for calibration plus error decoding that reset investor views on near-term quantum progress.

Overview

  • Nvidia introduced two open-source Ising AI models that aim to automate quantum chip calibration and decode errors, which investors read as a vote of confidence for the field.
  • D-Wave shares rose about 52% for the week and traded above $21, while peers IonQ, Rigetti, and Infleqtion also logged gains as money flowed back into quantum names.
  • Options activity in D-Wave spiked with call buying far outpacing puts, showing traders were placing bullish bets rather than seeking protection.
  • D-Wave’s chief executive challenged Nvidia on energy use at the Semafor World Economy Summit, putting efficiency claims at the center of a growing product comparison.
  • Reports suggest D-Wave’s commercial bookings have already topped its full fiscal 2025 total, adding concrete business momentum after a year of skepticism about quantum’s timeline.