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The latest announcement is out from D-Wave Quantum ( (QBTS) ).
D-Wave Quantum Inc.’s CEO, Dr. Alan Baratz, addressed comments made by NVIDIA’s CEO on CNBC, asserting the immediate commercial availability and real-world problem-solving capabilities of D-Wave’s annealing quantum computing solutions. Baratz emphasized that D-Wave’s technology is already being utilized by over 100 organizations to tackle complex optimization problems, positioning the company as a leader in the quantum computing industry by demonstrating significant computational advancements over traditional supercomputers.
More about D-Wave Quantum
D-Wave Quantum Inc. 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, offering both annealing and gate-model quantum computers. D-Wave aims to unlock the power of quantum computing to benefit business and society, providing practical applications for diverse problems such as logistics, AI, materials sciences, and financial modeling.
YTD Price Performance: -36.52%
Average Trading Volume: 48,323,520
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.64B
For an in-depth examination of QBTS stock, go to TipRanks’ Stock Analysis page.
