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Quantum Computing Stocks Rally Following Launch of Amazon Web Services' Quantum Embark Program
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Quantum Computing Stocks Rally Following Launch of Amazon Web Services' Quantum Embark Program
Nov 25, 2024 6:37 AM

09:15 AM EST, 11/25/2024 (MT Newswires) -- Quantum computing stocks surged in Monday's premarket activity after Amazon.com's ( AMZN ) Amazon Web Services announced the launch of Quantum Embark Program, an advisory program designed to help businesses prepare for quantum computing adoption.

Shares of Quantum Computing ( QUBT ) , Rigetti Computing ( RGTI ) , Quantum (QMCO), and D-Wave Quantum ( QBTS ) rose 16%, 49%, 43%, and 18% respectively.

The program offers expert-led guidance with no long-term commitments, allowing participants to begin in a matter of weeks, AWS said.

Building on AWS's Braket quantum computing service, which provides pay-as-you-go access to quantum hardware, Quantum Embark adds structured advisory services tailored to newcomers, AWS said. The program consists of three standard modules -Use Case Discovery, Technical Enablement, and Deep Dive- that are delivered by the Amazon Advanced Solutions Lab, it added.

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