Form 8-K · Current Report · Filed 2025-01-10
D-Wave CEO Addresses Quantum Computing Comments on CNBC
On January 9, 2025, D-Wave Quantum Inc. announced that CEO Dr. Alan Baratz was interviewed on CNBC's The Exchange, where he addressed recent comments from NVIDIA CEO Jensen Huang regarding the readiness and commercial availability of quantum computing. Dr. Baratz clarified that while some quantum computing solutions are still developing, D-Wave's annealing quantum computing solutions are already available and solving real-world problems for businesses, researchers, and governments. During the interview, Dr. Baratz highlighted D-Wave's ability to solve materials simulation problems in minutes that would take millions of years on the fastest supercomputers.
- Filer
- D-Wave Quantum Inc. QBTS · NYSE
- Filed
- Accession
- 0001907982-25-000005
- 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
$6.10
Next session
-37.2%
Since filing
+196.4%
Latest close
$18.08
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from QBTS reporting the same item, with the next session's move:
Exhibits (1)
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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