D-Wave CEO Dr. Alan Baratz Discusses Company’s Growing Commercial Quantum Computing Momentum on Yahoo! Finance's “Catalysts”

Rhea-AI Summary

D-Wave Quantum (NYSE: QBTS) CEO Dr. Alan Baratz appeared on Yahoo! Finance's 'Catalysts' show to discuss the company's progress in commercial quantum computing. During the interview, he highlighted D-Wave's distinctive approach to quantum computing, emphasizing that they operate the largest quantum computers globally and are delivering tangible ROI for customers through their annealing quantum computing technology.

The company specializes in solving complex optimization problems across various industries, including workforce scheduling, production scheduling, logistics routing, and resource optimization. D-Wave believes that annealing quantum computing will be important for accelerating commercial adoption of quantum technology.

Positive

• Company operates the largest quantum computers globally
• Currently generating ROI for customers through practical business applications
• Technology already being implemented in real-world optimization problems

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• None.

PALO ALTO, Calif.--(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, announced that CEO Dr. Alan Baratz was interviewed on Yahoo! Finance’s “Catalysts” show on Friday, December 13, where he discussed quantum computing’s advantages, increasing momentum in the quantum industry, and D-Wave’s unique approach and the real-world impact the company’s annealing quantum computing is delivering for businesses.

“We did take a different approach to quantum. We have the largest quantum computers in the world today, and we are currently solving these [optimization] problems for our customers and generating a solid ROI for them,” said Dr. Baratz during the interview.

D-Wave believes that annealing quantum computing is emerging as the critical accelerant to commercial adoption of quantum computing. The technology is uniquely suited for optimization problems, which are widespread throughout the modern enterprise. D-Wave is working with organizations across industries to tackle computationally complex optimization problems, from workforce scheduling, production scheduling, logistics routing, resource optimization and more. Nearly every industry could benefit from annealing quantum computing technology.

Yahoo! Finance’s “Catalysts” reports on the biggest drivers of financial markets. Hosted by Madison Mills and Seana Smith, the show dives deep into the day’s biggest stories on weekdays at 10 a.m. ET. A replay of the interview with Dr. Baratz can be viewed here, starting at timestamp 17:16: https://finance.yahoo.com/video/quantum-computing-ai-positioning-2025-183122363.html

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241216190514/en/

Media Contact:

D-Wave

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

What competitive advantages does D-Wave (QBTS) claim in quantum computing?

D-Wave claims to operate the largest quantum computers globally and specializes in annealing quantum computing, which is particularly effective for solving optimization problems across various industries.

What practical applications is D-Wave (QBTS) currently implementing?

D-Wave is implementing quantum computing solutions for optimization problems including workforce scheduling, production scheduling, logistics routing, and resource optimization.

How is D-Wave (QBTS) generating ROI for its customers?

D-Wave generates ROI through its annealing quantum computing technology, which helps businesses solve complex optimization problems more efficiently than traditional computing methods.

What industries can benefit from D-Wave's (QBTS) quantum computing technology?

According to D-Wave, nearly every industry could benefit from their annealing quantum computing technology, particularly those dealing with complex optimization challenges.