Nvidia Corp. (NVDA) Announces New Open-Source Quantum AI Model

NVIDIA Corp. (NASDAQ:NVDA) is one of the 10 Best Data Center Stocks To Buy For the Long Term. In the past year, the stock grew 95.44%, while it posted 5.03% year-to-date growth. On April 14, NVIDIA announced the world’s first family of open source quantum AI models, NVIDIA Ising, designed to help researchers and enterprises build quantum processors capable of running useful applications.

NVIDIA said Ising models run the world’s best quantum processor calibration and enable researchers to tackle much larger, more complex problems with quantum computers by delivering up to 2.5x faster performance and 3x higher accuracy for the decoding process needed for quantum error correction.

NVIDIA earlier reported that fourth-quarter data center revenue grew to $62.3 billion, a 75 percent increase from a year ago, driven by major platform shifts toward accelerated computing and AI. Full-year data revenue rose 68 percent to a record $193.7 billion.

“Computing demand is growing exponentially — the agentic AI inflection point has arrived. Grace Blackwell with NVLink is the king of inference today — delivering an order-of-magnitude lower cost per token — and Vera Rubin will extend that leadership even further,” said Jensen Huang, founder and CEO of NVIDIA.

“Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute — the factories powering the AI industrial revolution and their future growth,” Huang added.

NVIDIA Corp. (NASDAQ:NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip units (SoCs), and AI hardware and software. Its GPUs are used in gaming, high-performance computing, AI training, and inference and serve as the backbone of data center infrastructure worldwide.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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