D-Wave Quantum, previously a pure-play annealing player, will acquire Quantum Circuits for $550M ($300M in stock, $250M in cash), combining D-Wave’s superconducting processors and cloud platform with Quantum Circuits’ error-corrected gate-model technology.
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D-Wave Quantum will acquire Quantum Circuits for $550M ($300M in stock and $250M in cash).
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D-Wave Quantum announced an industry first in scalable, on-chip cryogenic control of qubits, a breakthrough that enables gate-model quantum computers by sharply reducing wiring requirements without degrading qubit fidelity.
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IonQ, D-Wave Quantum, and Rigetti Computing were in focus as Jefferies initiated coverage of the quantum computing sector, assigning Buy ratings to IonQ and D-Wave Quantum and a Hold rating to Rigetti Computing.
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Evercore ISI initiated coverage of D-Wave Quantum with an Outperform rating and a $44 price target, calling the company a “leading player” in quantum computing ahead of a coming “tectonic shift.”
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D-Wave Quantum and Davidson Technologies announced that D-Wave’s Advantage2 quantum computer is now operational to tackle government computational problems beyond the reach of classical computers.
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D-Wave Launches Breakthrough Quantum System Advantage2, with Over 4,400 Qubits
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D-Wave Quantum said it expects its first quarter fiscal 2025 revenue to exceed $10 million, as compared to a consensus of $2.55 million.
Video: youtube.com/shorts/ixDpu...
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D-Wave Quantum announces systems sale.
Video: youtube.com/shorts/Cptyb...
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D-Wave Quantum said its fiscal year 2024 bookings will likely exceed $23 million, marking ~120% growth compared to fiscal year 2023.
Video: youtube.com/shorts/jymm_...
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D-Wave CEO refutes Nvidia's Jensen Huang on Quantum Computing.
Video: youtube.com/shorts/ztlbY...
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Quantum computing stocks fall as Nvidia CEO predicts widespread use is years away.
Video: youtube.com/shorts/l2GfB...
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