Form 8-K · Current Report · Filed 2024-06-17
D-Wave Quantum Launches New Hybrid Quantum Solver and Places Second U.S.-Based Quantum Computer
On June 17, 2024, D-Wave Quantum Inc. announced the launch of a new hybrid quantum solver for nonlinear programs, enabling customers to tackle complex optimization problems in workforce, manufacturing, and logistics. The solver supports up to two million variables and constraints and was unveiled at the Qubits 2024 user conference. Additionally, D-Wave and Davidson Technologies announced the placement of a second U.S.-based D-Wave Advantage quantum computer in Huntsville, AL, aimed at running sensitive applications using quantum computing technology.
- Filer
- D-Wave Quantum Inc. QBTS · NYSE
- Filed
- Accession
- 0001907982-24-000079
- CIK
- 0001907982
- Signal
- Low impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$1.14
Next session
+1.8%
Since filing
+1486.0%
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Precedent
Previous filings from QBTS reporting the same item, with the next session's move:
Exhibits (2)
About D-Wave Quantum Inc.
D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.
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