Curated News
By: NewsRamp Editorial Staff
May 12, 2025
D-Wave Quantum Inc. Reports Record Revenue and Achieves Quantum Supremacy in Q1 2025
TLDR
- D-Wave Quantum Inc. (NYSE: QBTS) posted record first quarter 2025 revenue of $15 million, up 509% from prior year.
- D-Wave Quantum Inc. is a leader in quantum computing, offering quantum computers for optimization, AI, and research.
- D-Wave's quantum computing advancements shape a better future with real-world problem solutions and societal advancements.
- D-Wave's breakthrough research demonstrates quantum supremacy, pushing the boundaries of technology and innovation.
Impact - Why it Matters
This news matters as it showcases D-Wave's significant growth in revenue and technological advancement in quantum computing. Investors and tech enthusiasts alike should take note of the company's success in the industry.
Summary
D-Wave Quantum Inc. posted record first quarter 2025 revenue of $15 million, up 509% from the prior year, and ended the quarter with $304.3 million in cash on hand. The company also achieved quantum supremacy on a real-world problem.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, D-Wave Quantum Inc. Reports Record Revenue and Achieves Quantum Supremacy in Q1 2025
