- D-Wave is a leader in quantum computing systems, software, and services and is focused on delivering value to customers via practical quantum applications for problems spanning multiple industries
- D-Wave has published over 100 peer-reviewed articles, including a recent piece in Nature, one of the most highly-regarded journals in the field, demonstrating quantum speedup on specific set of problems, 3D spin glasses
- The study shows that coherent quantum annealing can provide improved solution quality faster than classical algorithms
- This is a major scientific achievement and represents growing evidence of quantum’s superior performance over classical computers
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services focused on delivering value to customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling, is continuing to advance the science of quantum computing in an effort to further the technology’s benefits to the enterprise.
D-Wave has published over 100 peer-reviewed papers in leading scientific journals. A new article published in Nature showcases recent research findings from D-Wave that provide direct evidence of quantum’s superior performance over classical computers (https://nnw.fm/TR7cB).
The paper, “Quantum Critical Dynamics In A 5,000-Qubit Programmable Spin Glass,” shows that D-Wave has demonstrated that its quantum computing systems deliver a speedup over classical systems for an important class of hard problems, 3D spin glasses. Spin glasses are an intractable class of problems that apply to various real-world business problems across multiple industries, including logistics, manufacturing, healthcare, finance, and more. The speedup observed in the experiments corresponds with the theory of coherent quantum annealing and shows a direct connection between coherence and computational power at its core. D-Wave’s breakthrough demonstrates direct evidence of quantum acceleration in this instance.
The studies show that coherent quantum annealing can provide improved solution quality faster than classical algorithms. This is not just a significant achievement for D-Wave, but for the overall industry, demonstrating quantum technology’s superior performance and application to large-scale optimization problems.
The results demonstrated by D-Wave with spin glasses are a major scientific achievement and an example of how quantum can outperform classical computers. D-Wave’s track record of innovation and advancing the science allows the company to enable enterprises, governments, developers, and researchers to harness the power of quantum computing, providing an intriguing opportunity for prospective investors.
D-Wave is a trailblazer in quantum computing, with a history of delivering the world’s first commercial quantum computer, the first real-time quantum cloud service, and countless hardware and software product and research milestones.
The company is strategically positioned in the quantum computing industry, serving a roster of blue-chip customers with a clear focus on achieving value by leveraging quantum computing in practical business applications.
For more information, visit the company’s website at www.DWaveQuantum.com.
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://nnw.fm/QBTS
This article contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this article include, but are not limited to, statements regarding the release and performance of the Advantage2 processor. We cannot assure you that the forward-looking statements in this article will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the registration statement on Form S-1 filed by the Company with the SEC on February 13, 2023, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; changes in applicable laws and regulations; the effect of pandemics, geopolitical events, natural disasters, wars, or terrorist acts on our business or the economy in general; and the impact of inflation. Furthermore, if the forward-looking statements contained in this article prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this article represent our views as of the date of this article. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this article.
NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
New York, New York
NetworkNewsWire is part of the InvestorBrandNetwork