Tuesday, May 30, 2023

D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Quantum Dynamics Speedup Over Classical Computing on Important Class of Hard Problems, Showcases Results in Nature

 

  • D-Wave is a leader in quantum computing systems, software, and services and is focused on delivering value to customers via practical quantum applications for problems spanning multiple industries
  • D-Wave has published over 100 peer-reviewed articles, including a recent piece in Nature, one of the most highly-regarded journals in the field, demonstrating quantum speedup on specific set of problems, 3D spin glasses
  • The study shows that coherent quantum annealing can provide improved solution quality faster than classical algorithms
  • This is a major scientific achievement and represents growing evidence of quantum’s superior performance over classical computers

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services focused on delivering value to customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling, is continuing to advance the science of quantum computing in an effort to further the technology’s benefits to the enterprise.

D-Wave has published over 100 peer-reviewed papers in leading scientific journals. A new article published in Nature showcases recent research findings from D-Wave that provide direct evidence of quantum’s superior performance over classical computers (https://ibn.fm/uvpwJ).

The paper, “Quantum Critical Dynamics In A 5,000-Qubit Programmable Spin Glass,” shows that D-Wave has demonstrated that its quantum computing systems deliver a speedup over classical systems for an important class of hard problems, 3D spin glasses. Spin glasses are an intractable class of problems that apply to various real-world business problems across multiple industries, including logistics, manufacturing, healthcare, finance, and more. The speedup observed in the experiments corresponds with the theory of coherent quantum annealing and shows a direct connection between coherence and computational power at its core. D-Wave’s breakthrough demonstrates direct evidence of quantum acceleration in this instance.

The studies show that coherent quantum annealing can provide improved solution quality faster than classical algorithms. This is not just a significant achievement for D-Wave, but for the overall industry, demonstrating quantum technology’s superior performance and application to large-scale optimization problems.

The results demonstrated by D-Wave with spin glasses are a major scientific achievement and an example of how quantum can outperform classical computers. D-Wave’s track record of innovation and advancing the science allows the company to enable enterprises, governments, developers, and researchers to harness the power of quantum computing, providing an intriguing opportunity for prospective investors.

D-Wave is a trailblazer in quantum computing, with a history of delivering the world’s first commercial quantum computer, the first real-time quantum cloud service, and countless hardware and software product and research milestones.

The company is strategically positioned in the quantum computing industry, serving a roster of blue-chip customers with a clear focus on achieving value by leveraging quantum computing in practical business applications.

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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