Palo Alto, california – December 6, 2024 – D-Wave Quantum Inc. (NYSE: QBTS),a leading provider of quantum computing systems,software,and services,recently made waves in the financial world with CEO Dr. Alan Baratz’s appearance on Fox Business’ Making Money with Charles Payne. During the interview, Dr. Baratz shed light on the burgeoning quantum industry and highlighted the tangible impact D-Wave’s annealing quantum computing is having on businesses today.
“We currently have the largest and most powerful quantum computers in the world, and the onyl ones that are actually supporting business applications in production. Customers are using them to run their business operations today,” Dr. Baratz stated during the interview.
D-Wave believes that annealing quantum computing is poised to become the key driver of commercial quantum adoption.This technology excels at tackling optimization problems, which are prevalent across various industries. D-Wave is collaborating with organizations worldwide to address complex optimization challenges, ranging from workforce scheduling and production planning to logistics routing and resource optimization. The potential applications of annealing quantum computing span nearly every sector.
making Money with Charles Payne, a popular Fox Business program, provides viewers with a comprehensive overview of financial and industry news, offering insights into tomorrow’s market movers. A replay of Dr. Baratz’s insightful interview can be accessed here: https://www.foxbusiness.com/video/6365596938112
About D-Wave quantum Inc.
D-Wave is a pioneer in the advancement and delivery of quantum computing systems, software, and services. As the world’s first commercial supplier of quantum computers, D-Wave is uniquely positioned to unlock the power of quantum computing for businesses and society. The company is committed to delivering practical quantum applications across diverse fields, including logistics, artificial intelligence, materials science, drug revelation, scheduling, cybersecurity, fault detection, and financial modeling.
D-wave Systems Inc., a leader in quantum computing systems, software, and services, announced today that its quantum annealing technology has been adopted by a diverse range of organizations across various industries. These include global giants like Mastercard and Deloitte, as well as industry leaders in sectors such as technology, manufacturing, healthcare, and research.
This widespread adoption highlights the growing recognition of quantum computing’s potential to solve complex,real-world problems. D-Wave’s quantum annealing technology is particularly well-suited for optimization challenges, which are prevalent in fields like logistics, finance, and drug discovery.
“We are thrilled to see the increasing adoption of our quantum technology by such a diverse group of organizations,” said a D-Wave spokesperson. “This demonstrates the versatility and power of quantum annealing in addressing a wide range of industry challenges.”
Some of the notable organizations leveraging D-Wave’s technology include:
- Mastercard
- Deloitte
- Davidson Technologies
- ArcelorMittal
- Siemens Healthineers
- Unisys
- NEC Corporation
- Pattison Food Group Ltd.
- DENSO
- Lockheed Martin
- Forschungszentrum Jülich
- University of Southern California
- Los Alamos National Laboratory
D-wave’s commitment to innovation and its collaborative approach have fostered these partnerships, enabling organizations to explore the transformative potential of quantum computing.
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 facts 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241206113872/en/
Media Contact:
D-Wave
Alex Daigle
[email protected]
## D-Wave CEO: Quantum Computing is No Longer Just a Promise, It’s Delivering Real-World Results
**Palo Alto, CA – World Today News**
Quantum computing, once a futuristic concept, is steadily moving into the realm of practical submission. In a recent interview on Fox Business’ *Making Money with Charles Payne*, Dr. Alan Baratz, CEO of D-Wave Quantum Inc. (NYSE: QBTS), emphasized the tangible impact of annealing quantum computing on businesses today.
“We currently have the largest adn most powerful quantum computers in the world,” asserted Dr. Baratz, “and the only ones that are actually supporting business applications in production. Customers are using them to run their business operations today.”
D-Wave’s focus on annealing quantum computing, a technology notably adept at tackling complex optimization problems, has attracted attention from a diverse range of industries.
“
Annealing quantum computing excels at finding the best solutions among a vast number of possibilities. This makes it invaluable for businesses facing challenges like workforce scheduling, production planning, logistics routing, and resource optimization. The potential applications span nearly every sector,” explained Dr. Baratz.
This claim is backed by D-Wave’s notable client roster, which includes global giants like Mastercard and Deloitte, along with leaders in technology, manufacturing, healthcare, and research.
[Insert image of Dr. Alan baratz with the D-Wave Quantum logo]
**Breaking Down the Hype, Delivering Concrete Solutions**
Dr. Baratz addressed the common perception of quantum computing as a technology shrouded in hype.
“we’re beyond the hype cycle now. We’re focused on delivering real-world solutions,” he asserted.
D-Wave’s commitment to practicality is reflected in their collaboration with clients to address specific challenges. Such as:
* **Logistics:** Optimizing delivery routes, reducing transportation costs, and streamlining supply chain management.
* **Finance:** Developing advanced risk management models, optimizing investment portfolios, and detecting financial fraud.
* **Healthcare:** Accelerating drug finding, personalizing treatment plans, and improving diagnostics.
**The Future is Quantum**
Dr. Baratz expressed optimism about the future of quantum computing, asserting its potential to revolutionize numerous industries.
“We are at the forefront of a technological revolution,” he stated. “Quantum computing will unlock new possibilities and empower businesses to solve problems that where previously intractable.”
For those interested in learning more about D-Wave’s quantum computing solutions and the future of this rapidly evolving field,the full interview with Dr. Baratz can be accessed here: [Insert Link to Interview]
