Curated News
By: NewsRamp Editorial Staff
November 01, 2024

D-Wave Quantum Appoints Technology Leaders to Board of Directors

TLDR

  • D-Wave Quantum (NYSE: QBTS) has appointed technology leaders to its board to drive rapid adoption of its annealing quantum computing solutions.
  • D-Wave Quantum is a leader in quantum computing systems, software, and services, building both annealing and gate-model quantum computers.
  • D-Wave Quantum's mission is to unlock the power of quantum computing today to benefit business and society with practical quantum applications.
  • D-Wave's technology has been used by advanced organizations including Mastercard, Deloitte, and Lockheed Martin.

Impact - Why it Matters

This news matters because it highlights the continued advancement and leadership of D-Wave Quantum in the field of quantum computing. The appointment of industry experts to the board of directors signifies the company's commitment to accelerating growth and profitability, as well as its focus on leveraging quantum computing in various fields to benefit businesses and society.

Summary

D-Wave Quantum (NYSE: QBTS) has appointed technology leaders John DiLullo, CEO of Deepwatch, and Rohit Ghai, CEO of RSA, to its board of directors as the company executes an aggressive go-to-market strategy designed to drive the rapid adoption of its annealing quantum computing solutions across global businesses, research institutions and government agencies. DiLullo and Ghai bring extensive expertise in accelerating growth and profitability, commercial technology adoption, and digital transformation, strategically timed as D-Wave looks to leverage growth opportunities in fields like AI, logistics, and material science, underscoring its leadership in quantum computing.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling.

Source Statement

This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, D-Wave Quantum Appoints Technology Leaders to Board of Directors

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