As AI technologies demand more powerful computational capabilities, the strengths of quantum computing - such as handling complex calculations at incredible speeds - are becoming increasingly valuable. This synergy is expected to propel quantum computing companies to the forefront of technological innovation, attracting significant partnerships. Such partnerships include IONQ’s cloud quantum computing capabilities made possible via Google Cloud, Amazon AWS, and Microsoft Azure. The integration between cloud and quantum computing means that the once insurmountable barriers—such as the high cost and complexity of quantum hardware—are being eroded, making these advanced computational capabilities available to a broader audience. As the democratization of AI once sparked considerable investor enthusiasm through its widespread adoption and interest, the integration of cloud computing is poised to open similar avenues for quantum computing technologies, broadening their accessibility and appeal.
The BlueStar® Machine Learning and Quantum Computing NTR Index (BQTUMNTR) has reached all-time highs since inception, and is up 7.73% YTD, as of February 12, 2024.
BlueStar® Machine Learning and Quantum Computing Index
2/12/2019-2/12/2024
Source: MarketVector. Data as of February 12, 2024.
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About the Author:
Jesse Nacht is the Index Research Associate at MarketVector IndexesTM (“MarketVector”). His core responsibilities include assisting in index development and design. Having come from a trading background, Jesse holds a Series 57 Securities Trader License. He has a Master of Arts in International Economics and Finance from the International Business School at Brandeis University. Prior to this, he also received a Bachelor of Arts in Economics from the same university.
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