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D-Wave Quantum ( (QBTS) ) has issued an announcement.
D-Wave Quantum Inc. announced that its CEO, Dr. Alan Baratz, discussed the company’s progress and the advantages of quantum computing on Yahoo! Finance’s ‘Catalysts’ show. He emphasized D-Wave’s unique annealing quantum computing approach, which is effectively solving optimization problems across industries and driving commercial adoption. The technology is expected to have a significant impact on modern enterprises, offering solutions to complex problems in various sectors.
More about D-Wave Quantum
D-Wave Quantum Inc. is a leading company in the development and delivery of quantum computing systems, software, and services. It stands as the world’s first commercial supplier of quantum computers and is unique in building both annealing and gate-model quantum computers. The company’s mission is to harness quantum computing to benefit business and society, with applications spanning logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling.
YTD Price Performance: 468.18%
Average Trading Volume: 20,509,304
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.45B
For detailed information about QBTS stock, go to TipRanks’ Stock Analysis page.