D-Wave Quantum stock has seen massive growth in recent years, as investors eye potential quantum computing success. While quantum computing hasn’t led to significant revenue yet, certain AI companies are showing impressive earnings growth.

D-Wave Quantum (NYSE: QBTS) is making waves in the quantum computing industry. The company is involved in both quantum annealing and gate-model systems, with annealing optimizing operations, and gate-model systems being more general-purpose.

Investors are driving up D-Wave’s stock price in hopes of early success in the quantum computing industry. However, it may be wiser to look at an AI company generating billions in earnings, like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), known for its Google platform and dominant position in search advertising.

Alphabet is excelling in AI with its large language model Gemini and AI tools for cloud customers. Recent quarter revenue from Google Cloud jumped 34% to $15 billion, contributing to Alphabet’s overall revenue surpassing $100 billion for the first time in a single quarter.

Alphabet’s strong AI presence positions it for continued growth as AI usage expands across industries. With a reasonable stock price compared to earnings estimates, Alphabet presents a compelling investment opportunity for those looking to benefit from the AI boom.

Consider looking beyond D-Wave Quantum and explore opportunities like the 10 best stocks identified by the Motley Fool Stock Advisor analyst team, excluding Alphabet. These stocks have the potential to generate significant returns in the future, offering a market-crushing performance compared to the S&P 500.

Read more at Yahoo Finance: This AI Behemoth Still Has More Room to Run