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D-Wave and Staque Announce Strategic Partnership to Accelerate Annealing Quantum Computing Adoption Across the Middle East

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D-Wave Quantum Inc. (NYSE: QBTS) and Staque have announced a strategic partnership to accelerate the adoption of annealing quantum computing across the Middle East. The collaboration aims to help customers develop and deploy quantum and hybrid quantum applications for enterprise optimization and AI problems.

The partnership will utilize D-Wave's quantum computers and hybrid solvers, accessible through the Leap™ quantum cloud service, to explore applications addressing complex challenges such as supply chain management, utility grid optimization, portfolio optimization, and port optimization.

This initiative aligns with Middle Eastern countries' focus on economic diversification beyond oil production, expanding into areas like logistics, financial services, and advanced technology. The partnership was unveiled at Qubits UAE in Dubai, showcasing quantum-powered business optimization use cases and advancements in quantum-fueled AI technology.

D-Wave Quantum Inc. (NYSE: QBTS) e Staque hanno annunciato una partnership strategica per accelerare l'adozione dell'computazione quantistica di annealing in tutto il Medio Oriente. La collaborazione mira ad aiutare i clienti a sviluppare e implementare applicazioni quantistiche e ibride per l'ottimizzazione aziendale e i problemi di intelligenza artificiale.

La partnership utilizzerà i computer quantistici di D-Wave e i risolutori ibridi, accessibili tramite il servizio cloud quantistico Leap™, per esplorare applicazioni che affrontano sfide complesse come gestione della catena di approvvigionamento, ottimizzazione della rete elettrica, ottimizzazione del portafoglio e ottimizzazione dei porti.

Questa iniziativa si allinea con l'attenzione dei paesi del Medio Oriente per la diversificazione economica oltre la produzione di petrolio, espandendosi in settori come la logistica, i servizi finanziari e la tecnologia avanzata. La partnership è stata svelata al Qubits UAE a Dubai, mettendo in mostra casi d'uso per l'ottimizzazione aziendale alimentati dalla quantistica e progressi nella tecnologia AI sostenuta dalla quantistica.

D-Wave Quantum Inc. (NYSE: QBTS) y Staque han anunciado una asociación estratégica para acelerar la adopción de la computación cuántica de recocido en todo Oriente Medio. La colaboración tiene como objetivo ayudar a los clientes a desarrollar e implementar aplicaciones cuánticas e híbridas para la optimización empresarial y problemas de IA.

La asociación utilizará las computadoras cuánticas de D-Wave y los solucionadores híbridos, accesibles a través del servicio en la nube cuántica Leap™, para explorar aplicaciones que aborden desafíos complejos como gestión de la cadena de suministro, optimización de la red de servicios públicos, optimización de portafolios y optimización portuaria.

Esta iniciativa se alinea con el enfoque de los países de Oriente Medio hacia la diversificación económica más allá de la producción de petróleo, expandiéndose en áreas como logística, servicios financieros y tecnología avanzada. La asociación fue presentada en el Qubits UAE en Dubái, mostrando casos de uso de optimización empresarial potenciada por cuántica y avances en tecnología de IA impulsada por cuántica.

D-Wave Quantum Inc. (NYSE: QBTS)와 Staque가 중동 전역의 풀림 양자 컴퓨팅 채택을 가속화하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 고객이 기업 최적화 및 AI 문제를 위한 양자 및 하이브리드 양자 애플리케이션을 개발하고 배포하도록 돕는 것을 목표로 합니다.

이 파트너십은 D-Wave의 양자 컴퓨터와 하이브리드 솔버를 활용하며, Leap™ 양자 클라우드 서비스를 통해 접근 가능하여 공급망 관리, 공익 그리드 최적화, 포트폴리오 최적화, 항만 최적화와 같은 복잡한 문제를 해결하는 애플리케이션을 탐색합니다.

이번 이니셔티브는 중동 국가들이 석유 생산을 넘어 경제 다변화에 주목하고 물류, 금융 서비스 및 첨단 기술 분야로 확대하는 방향과 일치합니다. 이 파트너십은 두바이의 Qubits UAE에서 발표되어 양자 기반의 비즈니스 최적화 사례와 양자 기반 AI 기술의 발전을 선보였습니다.

D-Wave Quantum Inc. (NYSE: QBTS) et Staque ont annoncé un partenariat stratégique pour accélérer l'adoption de l'informatique quantique par recuit au Moyen-Orient. Cette collaboration vise à aider les clients à développer et déployer des applications quantiques et hybrides pour l'optimisation des entreprises et les problèmes d'IA.

Le partenariat utilisera les ordinateurs quantiques et les solveurs hybrides de D-Wave, accessibles via le service cloud quantique Leap™, pour explorer des applications traitant des défis complexes tels que la gestion de la chaîne d'approvisionnement, l'optimisation des réseaux électriques, l'optimisation de portefeuilles et l'optimisation des ports.

Cette initiative s'inscrit dans l'orientation des pays du Moyen-Orient vers la diversification économique au-delà de la production pétrolière, en s'étendant à des domaines tels que la logistique, les services financiers et la technologie avancée. Le partenariat a été dévoilé lors du Qubits UAE à Dubaï, présentant des cas d'utilisation pour l'optimisation des entreprises alimentés par la quantique et des avancées en matière de technologie d'IA alimentée par la quantique.

D-Wave Quantum Inc. (NYSE: QBTS) und Staque haben eine strategische Partnerschaft angekündigt, um die Einführung von Annealing-Quantencomputing im gesamten Nahen Osten zu beschleunigen. Die Zusammenarbeit zielt darauf ab, Kunden bei der Entwicklung und Implementierung quantischer und hybrider quantischer Anwendungen zur Unternehmensoptimierung und zur Lösung von KI-Problemen zu unterstützen.

Die Partnerschaft wird die Quantencomputer und hybriden Solver von D-Wave nutzen, die über den Leap™-Quanten-Cloud-Service zugänglich sind, um Anwendungen zu erkunden, die komplexe Herausforderungen wie Lieferkettenmanagement, Optimierung von Versorgungsnetzen, Portfoliomanagement und Hafenoptimierung angehen.

Diese Initiative steht im Einklang mit dem Fokus der Länder im Nahen Osten auf wirtschaftliche Diversifizierung über die Ölproduktion hinaus und erweitert sich auf Bereiche wie Logistik, Finanzdienstleistungen und moderne Technologie. Die Partnerschaft wurde auf der Qubits UAE in Dubai vorgestellt, wo Anwendungsfälle für die geschäftliche Optimierung mithilfe von Quanten und Fortschritte in der quantenunterstützten KI-Technologie präsentiert wurden.

Positive
  • Strategic partnership to accelerate annealing quantum computing adoption in the Middle East
  • Collaboration focuses on developing quantum applications for enterprise optimization and AI problems
  • Access to D-Wave's quantum computers and hybrid solvers through Leap™ quantum cloud service
  • Alignment with Middle Eastern countries' economic diversification efforts
Negative
  • None.

Insights

This partnership between D-Wave and Staque marks a significant step in expanding quantum computing adoption in the Middle East. The focus on annealing quantum computing for optimization and AI applications aligns with the region's economic diversification goals. However, the immediate financial impact on D-Wave may be .

The collaboration targets critical sectors like supply chain, utilities and finance, which could drive long-term growth opportunities. While the partnership's potential is promising, investors should note that quantum computing commercialization is still in early stages. The success of this venture will depend on the actual implementation and adoption rates in the region.

Overall, this move strengthens D-Wave's global presence but may not significantly affect short-term financials. Investors should monitor for concrete project announcements and revenue growth in the Middle East region as indicators of the partnership's success.

The D-Wave-Staque partnership taps into a growing market opportunity in the Middle East. As countries in the region diversify their economies, there's increased demand for advanced technologies like quantum computing. This aligns with the International Monetary Fund's observations on economic shifts in the area.

However, the quantum computing market is still nascent, with immediate revenue potential. The partnership's success will hinge on effectively demonstrating tangible benefits over classical computing solutions in real-world applications. Investors should watch for case studies and adoption metrics from this collaboration to gauge its market impact.

While this move positions D-Wave favorably in an emerging market, it's important to note that competition in the quantum space is intensifying globally. The partnership's long-term value will depend on successfully converting interest into sustainable business growth in the region.

Agreement designed to foster collaboration and usage of quantum computing solutions for optimization and AI applications

PALO ALTO, Calif. & CALGARY, Alberta--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, announced a new strategic partnership aimed at accelerating the commercial adoption of annealing quantum computing across the Middle East. The partnership was revealed at Qubits UAE in Dubai, a half-day version of D-Wave’s annual Qubits user conference, which is showcasing “success powered by quantum” through business optimization use cases, progress in quantum-fueled AI technology, and demonstrations of annealing quantum computing performance over classical computing.

Together, D-Wave and Staque will focus on helping customers develop and deploy quantum and hybrid quantum applications designed to address enterprise optimization and AI problems. The companies plan to use D-Wave’s quantum computers and hybrid solvers, accessible through D-Wave’s Leap™ quantum cloud service, to explore quantum applications that address complex challenges facing today’s organizations, including supply chain management, utility grid optimization, portfolio optimization and port optimization, just to name a few.

The partnership comes as countries in the Middle East are focused on diversifying economic sources away from oil production and exports, expanding into areas such as logistics, financial services and advanced technology, according to the International Monetary Fund.

“Our team is dedicated to pushing boundaries, embracing new challenges, and creating impactful solutions that drive our customers’ success,” said Dr. Muhammad Khan, CEO and founder of Staque. “By partnering with D-Wave, the world’s first commercial quantum computing company, we’re able to bring incredible computational processing power to bear for our clients, with the intention of helping them take advantage of advanced technology solutions that can drive their businesses forward.”

“We believe organizations must embrace today’s advanced technologies such as quantum computing and AI in order to succeed in today’s highly competitive and complex environment,” said Lorenzo Martinelli, chief revenue officer at D-Wave. “Staque recognizes the transformative impact that annealing quantum computing could have on its customers, and our shared commitment to redefining what’s possible with technology makes this partnership very exciting.”

About Staque

Staque is dedicated to empowering businesses, public sector institutions, and government entities with cutting-edge technology solutions. Our team of industry and academic experts leverages a unique skillset in artificial intelligence, web3, high-performance computing, and quantum computing to solve complex real-world problems. We believe in the power of technology to transform and innovate, and we are committed to helping our clients stay ahead of the curve.

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

D-Wave

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

What is the purpose of the partnership between D-Wave and Staque?

The partnership aims to accelerate the commercial adoption of annealing quantum computing across the Middle East, focusing on developing and deploying quantum and hybrid quantum applications for enterprise optimization and AI problems.

What specific applications will D-Wave and Staque explore with quantum computing?

They plan to explore quantum applications addressing complex challenges such as supply chain management, utility grid optimization, portfolio optimization, and port optimization.

How will customers access D-Wave's quantum computing resources?

Customers will access D-Wave's quantum computers and hybrid solvers through the Leap™ quantum cloud service.

Where was the partnership between D-Wave (NYSE: QBTS) and Staque announced?

The partnership was revealed at Qubits UAE in Dubai, a half-day version of D-Wave's annual Qubits user conference.

D-Wave Quantum Inc.

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