D-Wave Quantum Inc. - QBTS STOCK NEWS

Welcome to our dedicated page for D-Wave Quantum news (Ticker: QBTS), a resource for investors and traders seeking the latest updates and insights on D-Wave Quantum stock.

D-Wave Quantum Inc. (symbol: QBTS) is a pioneering company in the field of quantum computing. Leveraging advanced quantum systems, software, and services, D-Wave Quantum is setting a new standard in computational power and efficiency. Founded with the mission to harness the unique capabilities of quantum mechanics, the company delivers value across a range of industries.

From logistics and artificial intelligence to materials sciences and drug discovery, D-Wave’s quantum solutions address some of the most complex problems in modern science and business. Their technology is applied in optimizing scheduling, enhancing cybersecurity, improving fault detection processes, and advancing financial modeling. This broad applicability underscores the versatility and significance of their quantum computing solutions.

Headquartered in the United States, D-Wave Quantum Inc. generates a significant portion of its revenue domestically but maintains a global footprint. The company’s recent achievements include the development of new quantum algorithms that enhance computational speed and accuracy, as well as successful partnerships with leading entities in various sectors. These collaborations have led to practical quantum applications that deliver measurable improvements in efficiency and problem-solving capabilities.

Financially, D-Wave Quantum is focused on sustainable growth, ensuring that its advancements in technology translate to tangible customer value and shareholder returns. Their commitment to innovation is evident in their continuous research and development efforts, aimed at pushing the boundaries of what quantum computing can achieve.

Stay updated with the latest developments, financial performance, and strategic initiatives of D-Wave Quantum Inc. as they continue to lead the charge in the quantum computing revolution.

02/08/2024 07:00 AM

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D-Wave and Zapata AI Announce Strategic Technical and Commercial Collaboration to Advance Quantum-Enabled Machine Learning

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D-Wave Quantum Inc. (QBTS) and Zapata Computing, Inc. (Zapata AI) have announced a strategic partnership to develop commercial applications combining generative AI and quantum computing technologies. The collaboration aims to build quantum generative AI models that accelerate the discovery of new molecules using D-Wave's powerful quantum technologies. This multi-year partnership will provide Zapata AI access to D-Wave's Advantage™ annealing quantum computing systems, quantum-hybrid solvers, and development resources, with the goal of accelerating commercial application development and providing production access and resources to take these applications to Zapata's customers. The companies also plan to support joint go-to-market efforts and make the commercial applications available via a solver hosted in D-Wave's Leap™ real-time quantum cloud service.

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01/23/2024 07:01 AM

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D-Wave Joins Forces with Deloitte Canada to Advance Quantum Adoption

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D-Wave Quantum Inc. (NYSE: QBTS) announces a strategic alliance with Deloitte Canada to expedite the exploration and adoption of quantum computing solutions among governments and businesses in Canada. The collaboration aims to accelerate the adoption of near-term quantum technologies to tackle key computationally complex challenges faced by the public sector in Canada. Quantum computing works synergistically with other technologies, allowing for greater computational power to solve complex problems.

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01/23/2024 07:00 AM

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D-Wave Announces 1,200+ Qubit Advantage2™ Prototype in New, Lower-Noise Fabrication Stack, Demonstrating 20x Faster Time-to-Solution on Important Class of Hard Optimization Problems

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D-Wave Quantum Inc. (NYSE: QBTS) announced the calibration of a 1,200+ qubit Advantage2 prototype, showing a 40% increase in energy scale and 20-way qubit connectivity. The new prototype demonstrates significant performance gains on hard optimization problems and is expected to be particularly powerful for new use cases such as machine learning. The full Advantage2 system, expected to feature 7,000 qubits, is the company’s sixth-generation quantum system.

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01/17/2024 07:00 AM

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D-Wave Names Kirstjen Nielsen, Former Secretary of Homeland Security, to Board of Directors

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D-Wave Quantum Inc. (QBTS) announces the appointment of Kirstjen Nielsen, former Secretary of the U.S. Department of Homeland Security, to its board of directors. Nielsen's expertise in security issues, emerging technology policy, and government engagement is expected to drive increasing enterprise and government adoption of quantum technology. Her extensive experience in domestic and international government roles, as well as her background in law, makes her a valuable addition to the D-Wave board.

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01/12/2024 04:15 PM

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D-Wave to Participate in 26th Annual Needham Growth Conference

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D-Wave Quantum Inc. (QBTS) will participate in the 26th Annual Needham Growth Conference, with CEO Alan Baratz and CFO John Markovich presenting. The company is a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers. The presentation will be available via live webcast and recording on the company’s IR website.

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01/04/2024 07:00 AM

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D-Wave Successfully Completes SOC 2 Type 2 Audit

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D-Wave Quantum Inc. (QBTS) successfully completes SOC 2 Type 2 audit, demonstrating commitment to data security as commercial customer adoption of its quantum computing solutions increases.

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12/26/2023 07:00 AM

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D-Wave Stands Ready To Support New U.S. Law Creating Pilot Program On Near-Term Quantum Computing Applications

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D-Wave Quantum Inc. (QBTS) commends U.S. policy makers for including a quantum pilot program in the National Defense Authorization Act, accelerating the use of quantum computing in the Department of Defense and national security operations. The program aims to test, evaluate, and use quantum and quantum-hybrid applications to address problems facing defense and military operations, with a focus on near-term applications development.

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12/19/2023 03:01 AM

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International Collaboration between VINCI Energies, QuantumBasel and D-Wave Improves Efficiency in HVAC System Design with Quantum Computing

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D-Wave (NYSE: QBTS) collaborates on a quantum computing project for sustainable building design with VINCI Energies | DIANE and uptownBasel | QuantumBasel, marking a significant shift from traditional computational methods to a more innovative, quantum-classical hybrid approach.

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11/14/2023 07:00 AM

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D-Wave Demonstrates Error Mitigation on the Advantage2™ Prototype, Extending Coherent Annealing Range by an Order of Magnitude

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D-Wave Quantum Inc. (QBTS) Announces Quantum Error Mitigation (QEM) Research Results, Expected to Drive Higher Coherence for Advantage2 System and Future Processors. The techniques reduce errors in quantum simulations, producing results consistent with the quantum system maintaining its quantum state for an order of magnitude longer time than an unmitigated system. This research marks D-Wave's first experimental demonstration of Zero-Noise Extrapolation (ZNE), offering valuable insights into the performance of more coherent systems and assisting in determining design specifications for next-generation processors.

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11/09/2023 07:00 AM

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D-Wave Reports Third Quarter Results

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D-Wave Quantum Inc. (QBTS) reported a 50% sequential increase in revenue to $2.6 million, with commercial revenue up 62% year-over-year. The company also achieved a total booking of $2.9 million and holds a cash balance of $53.3 million, its highest in history. The announcement emphasizes the company's growing recognition and success in leading the enterprise quantum wave, with notable customer engagements and technical advancements.

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FAQ

What is the current stock price of D-Wave Quantum (QBTS)?

The current stock price of D-Wave Quantum (QBTS) is $6.1 as of January 8, 2025.

What is the market cap of D-Wave Quantum (QBTS)?

The market cap of D-Wave Quantum (QBTS) is approximately 1.4B.

What does D-Wave Quantum Inc. do?

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services, offering practical solutions for diverse industries.

In which sectors are D-Wave's quantum solutions applied?

D-Wave’s solutions are used in logistics, AI, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling.

Where does D-Wave Quantum Inc. generate most of its revenue?

The majority of D-Wave Quantum Inc.'s revenue comes from the United States.

What recent achievements has D-Wave Quantum made?

D-Wave Quantum has developed new quantum algorithms and formed successful partnerships leading to practical quantum applications.

How does D-Wave Quantum Inc. contribute to cybersecurity?

D-Wave provides quantum solutions that enhance cybersecurity by improving fault detection processes and creating robust security models.

What are some industries that benefit from D-Wave's quantum computing?

Industries such as logistics, artificial intelligence, drug discovery, and financial modeling benefit from D-Wave's quantum computing.

What is the mission of D-Wave Quantum Inc.?

The mission of D-Wave Quantum Inc. is to harness the unique capabilities of quantum mechanics to solve complex problems and deliver customer value.

How does D-Wave Quantum ensure sustainable growth?

D-Wave focuses on continuous R&D and ensures that technological advancements translate to customer value and shareholder returns.

What geographical market does D-Wave primarily serve?

D-Wave primarily serves the United States market but also has a global presence.

Why is D-Wave considered a leader in quantum computing?

D-Wave is considered a leader due to its advanced quantum systems, diverse application areas, and successful implementation of practical quantum solutions.