D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has updated its Constrained Quadratic Model (“CQM”) hybrid solver in its Leap(TM) quantum cloud service. According to the announcement, the enhanced Constrained Quadratic Model solver helps businesses solve more complex optimization problems through quantum/classical computation. First made available in October 2021, the CQM solver allows users to benefit from a simplified expression of their constrained problems. It expands the size and complexity of problems customers can solve with constraints in D-Wave’s hybrid solver to find the best answers to complex business problems. The updates announced today deliver increased performance for existing binary problem classes, which can include offer allocation, portfolio optimization, and satisfiability.
The updates deliver increased performance for existing binary problem classes, which can include offer allocation, portfolio optimization, and satisfiability. “Our mission at D-Wave is to unlock the power of practical quantum computing for our customers,” said D-Wave Quantum VP of software, algorithms and cloud services Trevor Lanting in the press release. “These most recent updates to our CQM hybrid solver reflect our commitment to building solutions that bring real enterprise applicability and impact today. We’re excited by the performance enhancements that we are seeing, and our rapid pace of innovation allows us to expand quantum-hybrid workflows to help solve increasingly complex problems.”
To view the full press release, visit https://ibn.fm/p1rc0
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. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does 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 is being used by some of the world’s most advanced organizations, including Volkswagen, 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.
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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