Boston, MA 03/12/2014 (wallstreetpr) – Harris & Harris Group, Inc. (NASDAQ:TINY), noted the article published by Robert Perkins on Phys. Org. on the Group’s portfolio company, D-Wave Systems Inc., on March 5, 2014.
New Findings
The article, which is titled “D-Wave chip passes rigorous tests”, shows the findings of the research published earlier on Feb 28, 2014 in Nature Physics. The article informs that an international alliance of scientists has published some papers which reject classical models of the first generation of D-Wave One processor which is stored at USC. According to these findings, the test shows that the D-Wave One worked such that it agreed with a model known as ‘quantum Monte Carlo’. It nevertheless disagreed with a couple of candidate classical models which could have been efficient in describing the processor in case there were no quantum effects associated. According to the report, this is vital because present tests fail to directly verify that the D-Wave processor is quantum. Current tests are restricted in scope as they only disprove candidate classical models only one at a time.
Great Opportunities
The Chief Executive Officer of Harris & Harris Group, Inc. (NASDAQ:TINY), Douglas Jamison said that the Time Magazine’s cover story for Feb 17, 2014 regarding the D-Wave and quantum computing, brings forth another important confirmation for D-Wave’s quantum processor. He further said that many of the investments which do not have scope for diverse opinions generally have little opportunity. In this regards, he said this is more important to them as the company is concerned with commercializing the world’s first quantum computer. Many more researches are ongoing, whose results are still awaited. But, according to the CEO of the investor in transformative companies supported by disruptive science, this new report and the progress of D-Wave seems promising for the company. It has brought forth hopes that the company has the potential to change the nature of computing. He also believes that public market investors can seek only Harris & Harris Group, Inc. (NASDAQ:TINY), to offer them the access to the new technology.
