D-Wave Quantum Inc. (NYSE: QBTS) Quantum Computing Technology Is Providing Solutions to Complex Problems Experienced Across Multiple Industries

August 23, 2022 at 10:35 AM EDT

D-Wave is the only provider building both annealing and gate-model quantum computers that offers solutions to complex problems that classical computers may not be able to process
The company provides value through practical applications for problems across logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, financial modeling, and more.
D-Wave is hosting the upcoming Qubits conference (October 11-13, 2022), one of quantum industry’s premiere and informative quantum for business events, with speakers featuring quantum pioneers including Mastercard, Johnson & Johnson, Fidelity, Schlumberger, and more

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems and software solutions, is focused on delivering customer value through practical applications for problems such as logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, and financial modeling. The company is the only provider building both annealing and gate-model quantum computers.

D-Wave’s quantum computers use qubits, representing many values between zero and one, as well as zero and one simultaneously. Classical computers can only process set values of zero or one, making the ability to solve many complex problems impossible with classical systems. D-Wave’s quantum computing products enable companies to solve complex problems across multiple industries, including financial services, manufacturing and logistics, and life sciences sectors.

“We are heralding in the next wave of computing. Just like the creation of the PC, the emergence of the internet, and the proliferation of smartphones and voice assistants, it is our belief that quantum will have far-reaching and industry-disrupting impact, especially in the financial services sector,” said Alan Baratz, CEO of D-Wave, commenting on a recent agreement between the company and Mastercard to build innovative quantum computing applications and transform customer experiences (https://ibn.fm/VjeIC).

“D-Wave and Mastercard have a shared vision of harnessing the power of technology to positively affect business and society. This alliance supports that vision by delivering quantum innovation that will tackle increasingly complex problem sets across applications like optimized loyalty programs, fraud management, and anti-money laundering in financial services and, ultimately, unlock more value for customers,” Baratz explained.

D-Wave’s relentless pursuit of practical quantum computing has resulted in its quantum computing technology being used by some of the world’s most advanced enterprises today. More than two dozen of the Forbes Global 2000 use D-Wave, as well as blue-chip industry leaders such as Volkswagen, Deloitte, BBVA, NEC Corporation, Save-On-Foods, DENSO, and Lockheed Martin. Learn more about how D-Wave impacts businesses using real-world quantum applications by visiting https://ibn.fm/2df7F.

D-Wave’s current product offerings include Advantage(TM), a fifth-generation quantum computer; Leap(TM), the only real-time quantum cloud service; Launch(TM), a quantum computing onboarding service; and Ocean(TM), a full suite of open-source programming tools. One of D-Wave’s current customers (Save-On-Foods) says that by using quantum-hybrid solvers that harness the Advantage system, they have been able to deal with “in excess of four million decision variables that all have interactions with each other.”

The company recently announced the availability of its Advantage2(TM) experimental prototype, which is expected to become its sixth-generation quantum system. The prototype was designed to illustrate the upcoming system’s abilities, which is expected to feature 7000+ qubits, and enables 20-way connectivity and increased coherence. Additionally, D-Wave launched the CQM hybrid solver, allowing businesses to solve constrained quadratic optimization problems with continuous variables. CQM enables D-Wave to expand the types of use cases that can benefit from the company’s quantum-hybrid solutions (https://ibn.fm/hhdEt).

In addition to the current selection of quantum technology and applications, the company has begun preparations for the Qubits 2022 conference. The Qubits 2022 free virtual conference, October 11-13, is one of the industry’s premier conferences on quantum computing, focusing on quantum for business and an opportunity to network with quantum computing experts and practitioners.

Investors are invited to attend one of the quantum industry’s most informative conferences and hear from quantum pioneers from Mastercard, Johnson & Johnson, Fidelity, Schlumberger, and more. Registration for the event is currently open. Visit https://www.qubits.com to register.

For more information about D-Wave and to discover more about quantum systems, cloud services, application development tools, and professional services to support the end-to-end quantum journey, visit the company’s website at www.DWavesys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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D-Wave Quantum Inc. (NYSE: QBTS) Quantum Computing Technology Is Providing Solutions to Complex Problems Experienced Across Multiple Industries

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