D-Wave CEO Urges Leaders to Embrace an AI and Quantum Future Now in New Forbes Technology Council Column
D-Wave Quantum, a leader in quantum computing, emphasized the necessity for business leaders to prioritize quantum computing to support AI adoption. Dr. Alan Baratz, CEO of D-Wave, highlighted in a Forbes Technology Council column that AI's rapid advancement consumes significant energy. Quantum computing can provide more scalable, energy-efficient AI models. Dr. Baratz suggests steps for integrating quantum AI, including identifying strategic areas for immediate impact, such as precise supply and demand predictions. This combination could enhance sustainability by reducing waste, optimizing routing, and minimizing costs and carbon emissions.
- D-Wave is positioned as a leader in quantum computing, strengthening its market presence.
- Quantum computing integration with AI can lead to more energy-efficient, scalable AI models.
- Potential for improved supply and demand forecasting offers competitive business advantages.
- Quantum-enabled optimization can reduce costs and carbon emissions, aligning with sustainability goals.
- D-Wave's emphasis on immediate strategic implementation highlights proactive business leadership.
- The adoption of quantum computing may require significant investment and technological adaptation.
- Benefits of quantum computing in AI are still theoretical and may take time to materialize practically.
- Potential risks include technological uncertainties and the current nascent stage of quantum computing development.
- Dependence on quantum solutions may create pressure to continually invest in evolving technology.
In his most recent Forbes Technology Council guest column, Dr. Baratz writes that as AI continues to advance at an astonishing rate, it also consumes vast amounts of energy. Quantum computing could help develop more powerful and sustainable AI models, offering a more scalable and energy-efficient solution to drive supercharged optimization. Dr. Baratz offers steps leaders can take now to bring quantum AI into their enterprise, starting with identifying strategic areas where quantum AI could make an immediate impact, such as driving more precise predictions of supply and demand to give organizations a competitive edge.
“With sustainability now an added business imperative, the combination of quantum with AI could help organizations forecast demand more precisely and align production, minimizing the creation of excess goods and reducing waste through the supply chain,” he writes. “By using quantum to optimize routing, production, and inventory management based on AI-powered forecasting, quantum and AI together could help organizations reduce the need for transportation and storage, reducing costs and carbon emissions.”
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
About Forbes Councils
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive. To learn more about Forbes Councils, visit https://councils.forbes.com.
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.
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D-Wave
Alex Daigle
media@dwavesys.com
Source: D-Wave Quantum Inc.
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