D-Wave Quantum Inc (QBTS) Sector
Information Technology

(Current) $0.94
0.07 (8.05%) Open Price: 0.94

D-Wave Quantum Inc. is a Canadian quantum computing company that is at the forefront of developing and commercializing quantum computing technology. The company was founded in 1999 by Geordie Rose, Haig Farris, and Bob Wienski in Burnaby, British Columbia, Canada. D-Wave Quantum's founding team included experts in physics, engineering, and computer science, united by the vision of harnessing quantum mechanics to revolutionize computing.

The core focus of D-Wave Quantum is the development of quantum annealing technology, a specialized type of quantum computing. Quantum annealing aims to solve complex optimization problems by leveraging quantum mechanics to explore vast solution spaces more efficiently than classical computers. The company's flagship product is the D-Wave quantum computer, which uses a unique architecture called a "quantum annealer."

D-Wave Quantum's quantum annealer has been used in various fields, such as machine learning, optimization, and cryptography. The company offers access to its quantum computing services through cloud-based platforms, allowing researchers, scientists, and businesses to experiment with quantum algorithms without needing to build their quantum hardware.

The field of quantum computing is highly competitive, with multiple companies and research institutions vying to achieve significant milestones in quantum hardware and algorithms. D-Wave Quantum distinguishes itself through its pioneering work in quantum annealing technology and the unique architecture of its quantum processors.

D-Wave Quantum has made notable advancements in quantum computing, with several published papers and collaborations with leading research institutions and organizations. While quantum computing is still in its early stages, D-Wave Quantum's contributions to the field have generated significant interest and excitement, as the potential of quantum computing continues to be explored across various industries.

(12/01/23) $0.94
(12/02/23) $0.87
(12/02/23) (Qty.)3,053,197
(12/01/23) $0.83
(12/01/23) $0.96
(05/07/23) $0.40
(07/16/23) $3.20
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