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D-Wave Quantum CEO Dr. Alan Baratz Addresses NVIDIA CEO Jensen Huang’s Quantum Comments on CNBC’s “The Exchange”

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D-Wave Quantum (NYSE: QBTS) CEO Dr. Alan Baratz responded to NVIDIA CEO Jensen Huang's comments about quantum computing's readiness on CNBC's The Exchange. Baratz emphasized that while Huang's assessment might apply to gate model quantum computers, it's incorrect for annealing quantum computers, which are commercially available and solving real-world problems today.

Baratz highlighted that D-Wave's quantum computers can solve materials simulation problems in minutes that would take millions of years on the fastest supercomputers, including GPU-based systems. The company's annealing quantum computing technology is being used for optimization problems across industries, including workforce scheduling, production scheduling, logistics routing, and resource optimization. Currently, over 100 organizations are utilizing D-Wave's quantum technologies both on-premise and via cloud services.

D-Wave Quantum (NYSE: QBTS) il CEO Dr. Alan Baratz ha risposto ai commenti del CEO di NVIDIA Jensen Huang riguardo la prontezza del computing quantistico durante un'intervista su CNBC's The Exchange. Baratz ha sottolineato che, mentre la valutazione di Huang potrebbe applicarsi ai computer quantistici a gate, è errata per i computer quantistici ad annealing, che sono attualmente disponibili commercialmente e risolvono problemi reali.

Baratz ha evidenziato come i computer quantistici di D-Wave possano risolvere problemi di simulazione dei materiali in minuti, problemi che richiederebbero milioni di anni sui supercomputer più veloci, inclusi i sistemi basati su GPU. La tecnologia di computing quantistico ad annealing dell'azienda viene utilizzata per problemi di ottimizzazione in vari settori, inclusa la pianificazione della forza lavoro, la pianificazione della produzione, il controllo della logistica e l'ottimizzazione delle risorse. Attualmente, oltre 100 organizzazioni stanno utilizzando le tecnologie quantistiche di D-Wave sia onsite che tramite servizi cloud.

D-Wave Quantum (NYSE: QBTS) El CEO Dr. Alan Baratz respondió a los comentarios del CEO de NVIDIA Jensen Huang sobre la preparación de la computación cuántica en CNBC's The Exchange. Baratz enfatizó que, aunque la evaluación de Huang podría aplicarse a las computadoras cuánticas de modelo de compuertas, es incorrecta para las computadoras cuánticas de recocido, que están disponibles comercialmente y resolviendo problemas del mundo real hoy en día.

Baratz destacó que las computadoras cuánticas de D-Wave pueden resolver problemas de simulación de materiales en minutos que llevarían millones de años en los supercomputadores más rápidos, incluidos los sistemas basados en GPU. La tecnología de computación cuántica de recocido de la compañía se utiliza para problemas de optimización en diversas industrias, incluyendo la programación de la fuerza laboral, la programación de la producción, el enrutamiento logístico y la optimización de recursos. Actualmente, más de 100 organizaciones están utilizando las tecnologías cuánticas de D-Wave tanto en las instalaciones como a través de servicios en la nube.

D-Wave Quantum (NYSE: QBTS)의 CEO 앨런 바르츠박사가 CNBC의 The Exchange에서 NVIDIA CEO 젠슨 황의 양자 컴퓨팅 준비성에 대한 언급에 응답했습니다. 바르츠박사는 황의 평가가 게이트 모델 양자 컴퓨터에 적용될 수 있지만, 상업적으로 사용 가능한 어닐링 양자 컴퓨터에는 맞지 않다고 강조했습니다. 이러한 컴퓨터는 현재 실제 문제를 해결하고 있습니다.

바르츠박사는 D-Wave의 양자 컴퓨터가 가장 빠른 슈퍼컴퓨터와 GPU 기반 시스템에서 수백만 년이 걸리는 재료 시뮬레이션 문제를 몇 분 만에 해결할 수 있다고 강조했습니다. 이 회사의 어닐링 양자 컴퓨팅 기술은 인력 스케줄링, 생산 스케줄링, 물류 경로 설정, 자원 최적화 등 다양한 산업에서 최적화 문제에 사용되고 있습니다. 현재 100개 이상의 조직이 D-Wave의 양자 기술을 온프레미스 및 클라우드 서비스를 통해 활용하고 있습니다.

D-Wave Quantum (NYSE: QBTS) Le PDG Dr. Alan Baratz a répondu aux commentaires du PDG de NVIDIA Jensen Huang concernant la préparation de l'informatique quantique sur CNBC's The Exchange. Baratz a souligné que, bien que l'évaluation de Huang puisse s'appliquer aux ordinateurs quantiques à portes, elle est incorrecte pour les ordinateurs quantiques à recuit, qui sont disponibles commercialement et résolvent des problèmes concrets aujourd'hui.

Baratz a souligné que les ordinateurs quantiques de D-Wave peuvent résoudre des problèmes de simulation de matériaux en quelques minutes, des problèmes qui prendraient des millions d'années sur les supercalculateurs les plus puissants, y compris les systèmes basés sur GPU. La technologie d'informatique quantique par recuit de l'entreprise est utilisée pour des problèmes d'optimisation dans divers secteurs, y compris la planification de la main-d'œuvre, la planification de la production, le routage logistique et l'optimisation des ressources. Actuellement, plus de 100 organisations utilisent les technologies quantiques de D-Wave, tant sur site qu'à travers des services cloud.

D-Wave Quantum (NYSE: QBTS) CEO Dr. Alan Baratz reagierte auf die Kommentare von NVIDIA CEO Jensen Huang zur Einsatzbereitschaft von Quantencomputing in CNBC's The Exchange. Baratz betonte, dass Huangs Einschätzung auf Gate-Modell-Quantencomputern zutreffen mag, jedoch nicht für Anneling-Quantencomputer, die kommerziell erhältlich sind und heute reale Probleme lösen.

Baratz hob hervor, dass die Quantencomputer von D-Wave Materialsimulationsprobleme in Minuten lösen können, die auf den schnellsten Supercomputern, einschließlich GPU-basierten Systemen, Millionen von Jahren in Anspruch nehmen würden. Die Technologie des annealing-Quantencomputings des Unternehmens wird zur Lösung von Optimierungsproblemen in verschiedenen Branchen eingesetzt, einschließlich der Planung von Arbeitskräften, der Produktionsplanung, der Logistikrouting und der Ressourcennutzung. Derzeit nutzen über 100 Organisationen die Quanten Technologien von D-Wave sowohl vor Ort als auch über Cloud-Dienste.

Positive
  • Over 100 organizations are actively using D-Wave's quantum technologies
  • D-Wave's quantum computers demonstrate superior performance in materials simulation compared to classical supercomputers
  • Technology is commercially available and solving real-world business problems
Negative
  • Market perception issues due to industry misinformation about quantum computing readiness

Insights

The CEO's response to NVIDIA's quantum computing timeline claims is strategically important but carries mixed implications. While D-Wave's defensive stance highlights their current commercial deployment, it also reveals competitive tensions in the quantum-AI landscape. The emphasis on 100+ organizations using their technology provides concrete evidence of market penetration, though revenue figures remain undisclosed.

The distinction between annealing and gate-model quantum approaches is important - D-Wave's focus on optimization problems positions them in a different market segment than general-purpose quantum competitors. Their claim of solving certain problems millions of times faster than GPU supercomputers directly challenges NVIDIA's dominance in high-performance computing, potentially affecting future market dynamics.

The technical differentiation between quantum annealing and gate-model quantum computing is significant. Quantum annealing, D-Wave's approach, is specifically optimized for combinatorial optimization problems - think complex scheduling, logistics and resource allocation. This specialization has enabled faster commercialization compared to universal gate-model systems.

The mention of potential GPU-QPU partnerships is particularly noteworthy. Rather than competing directly with NVIDIA, there's an opportunity for complementary technology integration. This could create a hybrid computing paradigm where quantum annealers handle optimization tasks while GPUs manage AI workloads - a more realistic near-term scenario than full quantum supremacy.

The timing and platform of this response - CNBC's The Exchange - suggests a calculated move to protect market perception and shareholder value. By directly addressing Huang's comments, D-Wave is working to differentiate itself from other quantum players and maintain investor confidence in its near-term commercial viability.

The emphasis on current enterprise applications across multiple industries indicates a focus on practical, revenue-generating use cases rather than theoretical quantum advantages. However, the defensive tone and lack of specific financial metrics or client success stories may raise questions about the scale and profitability of these implementations.

Baratz issues statement to highlight commercial adoption and real-world value of D-Wave’s annealing quantum computing solutions today

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 CNBC’s The Exchange yesterday, where he addressed recent comments from NVIDIA CEO Jensen Huang related to quantum computing’s readiness and commercial availability.

Dr. Baratz clarified that there are different types of quantum computing solutions – some maturing faster than others. D-Wave’s powerful annealing quantum computing solutions are available today and are solving real-world problems for businesses, researchers and governments now.

“There are different approaches to quantum: annealing and gate are the two primary approaches. And while his [Huang’s] comments may not be totally off base for gate model quantum computers, they are 100% off base for annealing quantum computers. When it comes to D-Wave annealing quantum computing, he is dead wrong. We are not 30 years out, we're not 20 years out, we're not 15 years out. We are today. We are supporting businesses today with quantum compute to solve their hard problems,” said Dr. Baratz during the interview.

During the interview, Dr. Baratz also highlighted that “D-Wave has been able to solve problems on our quantum computer in the area of materials simulation in minutes that it would take well over millions of years to solve on the fastest supercomputers, which by the way happen to be massively parallel GPU computers.”

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.

CNBC’s “The Exchange” focuses on in-depth reporting around the most important and interesting stories to today’s markets and investors. A replay of the interview with Dr. Baratz can be viewed here: https://www.cnbc.com/video/2025/01/08/d-wave-ceo-responds-to-jensen-huangs-quantum-comments.html.

Official Statement from Dr. Alan Baratz, CEO of D-Wave:

“Jensen Huang has a misunderstanding of quantum. While he might be right about other quantum companies, he is dead wrong about D-Wave. There is more than one approach to building a quantum computer. D-Wave took a different approach, which has allowed us to become commercial today and likely many years ahead of other quantum computing companies.

Today, more than 100 organizations are using D-Wave’s quantum technologies on-premise and on-cloud to fuel operations and realize business value. D-Wave is working with organizations across industries to tackle complex enterprise challenges from workforce scheduling and logistics routing, to resource optimization and more with our quantum computing solutions.

Jensen Huang’s comments are just the latest in a string of misinformation on quantum computing unfortunately driving market reaction. It’s important for this dialogue to happen in the open, so that the general public understands what’s real and what’s hype in quantum computing.

There is massive potential for AI and quantum to work together in advancing the limitations of today’s classical computing capabilities. We welcome the opportunity to partner with companies like NVIDIA in exploring what’s possible when QPUs and GPUs come together.”

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.

Media Contact:

D-Wave

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

How does D-Wave's annealing quantum computing differ from other quantum approaches mentioned in QBTS CEO's response?

D-Wave's annealing quantum computing is commercially available now, unlike gate model quantum computers. It's specifically designed for optimization problems and is already being used by businesses for practical applications like scheduling and logistics.

What performance advantages did QBTS demonstrate over traditional supercomputers?

According to D-Wave's CEO, their quantum computers can solve materials simulation problems in minutes that would take millions of years on the fastest supercomputers, including GPU-based systems.

How many organizations are currently using D-Wave (QBTS) quantum technologies?

Over 100 organizations are currently using D-Wave's quantum technologies, both on-premise and through cloud services.

What types of business problems can D-Wave's (QBTS) quantum computers solve?

D-Wave's quantum computers can solve optimization problems including workforce scheduling, production scheduling, logistics routing, and resource optimization across various industries.

D-Wave Quantum Inc.

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