D-Wave Quantum Inc. (NYSE: QBTS) Featured in Syndicated Broadcast Highlighting Extended Product Roadmap, Enhancements to Quantum Cloud Service
August 12 2024 - 7:35AM
via IBN -- D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the
“Company”), a leader in quantum computing systems, software, and
services, and the world’s first commercial supplier of quantum
computers, today announced that it has been featured in a broadcast
via NetworkNewsAudio (“NNA”), which delivers additional visibility,
recognition and brand awareness to the investment community via
distribution to thousands of syndication points. The audio news
release covers D-Wave’s announcement that it is extending its
product development roadmap with enhancements to its Leap™ quantum
cloud service.
To hear the audio production, visit:
https://www.nnw.fm/XGieR
To read the original press release, visit:
https://ibn.fm/eb3UH
D-Wave announced that it is working to strengthen the connection
between quantum optimization, artificial intelligence (AI) and
machine learning (ML) by extending its product development roadmap
with enhancements to its Leap quantum cloud service. These
enhancements are designed to bring new quantum AI solutions to the
commercial market. The roadmap is intended to help customers
address a variety of AI/ML workloads, including pretraining
optimization, more accurate and efficient model training, and
opening new AI business use cases that require the integration of
AI and business optimization.
In the press release, the company noted that the new Quantum AI
extension to its product development roadmap is focused on three
key development areas: quantum distributions for generative AI,
Restricted Boltzmann Machine (RBM) Architectures, and GPU
integration with D-Wave’s Leap quantum cloud service. The
announcement also cited several specific customer use cases related
to D-Wave’s Quantum AI solutions.
“We’re seeing early evidence that annealing quantum computing
could play a key role in helping AI/ML with more efficient model
training, reduced energy consumption and faster time-to-solution,”
said Dr. Alan Baratz, CEO of D-Wave. “With results demonstrating
our annealing quantum computer’s ability to outperform classical
techniques, coupled with rapidly increasing demand from our
customers for Quantum AI solutions that integrate with their
business optimization requirements, we believe the impact of
D-Wave’s Quantum AI solutions could be transformative, bringing a
powerful set of new computing tools for generative AI.”
About D-Wave Quantum Inc.
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. Our mission is to unlock the power of quantum computing
today to benefit business and society. We do 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. D-Wave’s technology has been used by some of
the world’s most advanced organizations including Mastercard,
Deloitte, Davidson Technologies, ArcelorMittal, Siemens
Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd.,
DENSO, Lockheed Martin, Forschungszentrum Jülich, University of
Southern California, and Los Alamos National Laboratory.
For more information about the company, please
visit www.DWaveSys.com.
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Forward-Looking Statements
Certain statements in this press release are forward-looking, as
defined in the Private Securities Litigation Reform Act of 1995.
These statements involve risks, uncertainties, and other factors
that may cause actual results to differ materially from the
information expressed or implied by these forward-looking
statements and may not be indicative of future results. These
forward-looking statements are subject to a number of risks and
uncertainties, including, among others, various factors beyond
management’s control, including the risks set forth under the
heading “Risk Factors” discussed under the caption “Item 1A. Risk
Factors” in Part I of our most recent Annual Report on Form 10-K or
any updates discussed under the caption “Item 1A. Risk Factors” in
Part II of our Quarterly Reports on Form 10-Q and in our other
filings with the SEC. Undue reliance should not be placed on the
forward-looking statements in this press release in making an
investment decision, which are based on information available to us
on the date hereof. We undertake no duty to update this information
unless required by law.
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