Curated News
By: NewsRamp Editorial Staff
December 04, 2024
D-Wave Quantum (NYSE: QBTS) Completes Q3 2024 with Key Product Milestones, New Partnerships, and Technological Breakthroughs
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- D-Wave Quantum (NYSE: QBTS) completed the calibration of a 4,400 qubit processor, giving advantage in solving larger and complex problems faster.
- Annealing quantum computing drives commercial adoption of quantum technology, as stated by D-Wave Quantum CEO Dr. Alan Baratz.
- Partnerships with organizations like NTT DOCOMO in Japan are driving the adoption of quantum computing technology worldwide.
- D-Wave Quantum earned 'awardable' status on the U.S. Department of Defense’s Tradewinds buying platform, gaining increased visibility with U.S. government customers.
Impact - Why it Matters
This news matters as it showcases the significant advancements and collaborations achieved by D-Wave Quantum in the field of quantum computing, signaling the growing adoption of quantum technology by organizations worldwide. The completion of a 4,400 qubit processor and partnerships with major companies demonstrate the increasing interest and investment in quantum computing, which is poised to revolutionize various industries and drive innovation.
Summary
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently announced Q3 2024 business results, highlighting key operational milestones and technological achievements. Among the accomplishments was the completion of the calibration of a 4,400 qubit Advantage2(TM) processor, earning D-Wave increased visibility with U.S. government customers and new partnerships with NTT DOCOMO, Japan Tobacco Inc., Staque, and the Chicago Quantum Exchange.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, D-Wave Quantum (NYSE: QBTS) Completes Q3 2024 with Key Product Milestones, New Partnerships, and Technological Breakthroughs
