D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024.
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The study found that D-Wave’s quantum computer performed the most complex simulation in minutes and with an accuracy that would take nearly one million years using one of the world’s most powerful supercomputers.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced a scientific breakthrough published in the esteemed journal Science, confirming that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery. The new landmark peer-reviewed paper, “Beyond-Classical Computation in Quantum Simulation,” validates this achievement as the world’s first and only demonstration of quantum computational supremacy on a useful problem.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers, and the first company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum, today. Its 5,000+ qubit Advantage TM quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to its Advantage and Advantage2 TM systems to date, its customers apply D-Wave’s technology to address use cases spanning optimization, artificial intelligence, research and more.
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D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and the first supplier of production-grade quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, collaborated to develop a hybrid-quantum system designed to optimize the movements of autonomous agricultural vehicles at scale. The application, built with support from Canada’s DIGITAL Global Innovation Cluster and Verge Ag, seeks to streamline farming operations by addressing a fundamental challenge: real-time route optimization in complex environments, according to a D-Wave press release ( https://ibn.fm/CmPMC ).
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) announced it will be participating in several investor events this month. Specifically, the company will present at the B. Riley Virtual Quantum Computing Day on March 7, the Stifel Technology One-on-One Conference in New York on March 11, the ROTH Annual Conference in Dana Point on March 17-18, and the Craig-Hallum Virtual Quantum Computing Conference on March 24. Investors interested in attending can contact their respective sales representatives for registration and meeting scheduling.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced that D-Wave management will be participating in the following upcoming investor events:
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and the first supplier of production-grade quantum computers, recently announced that the Jülich Supercomputing Centre (“JSC”) at Forschungszentrum Jülich (“FZJ”) has become the world’s first high-performance computing (“HPC”) center to purchase a D-Wave TM Advantage annealing quantum computing system ( https://ibn.fm/KGsAg ).
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) announced it will release its fourth quarter and fiscal year 2024 financial results on March 13, 2025, before market open. The company will host a conference call at 8:00 a.m. ET to discuss the results and business outlook, featuring CEO Dr. Alan Baratz and CFO John Markovich. Investors can access the press release on D-Wave’s Investor Relations website.
