Tag: $D-Wave Quantum

Wall Street was met with a tale of two quantum computing companies on Thursday, as IonQ stock extended gains following a stronger-than-expected quarterly earnings report, while shares of D-Wave Quantum headed in the opposite direction.

In the quantum space, commercial traction is often the strongest signal of progress. D-Wave Quantum QBTS just provided investors with some reassurance.

D-Wave Quantum (QBTS) posted fourth-quarter revenue that sharply missed analysts’ estimates. Wall Street didn’t seem to care.

D-Wave Quantum (QBTS) unveiled a $550 million deal to acquire Quantum Circuits, a Connecticut-based software and hardware developer, on Tuesday as it doubles down on a type of quantum architecture that skeptics say is the only viable way forward for the technology.

The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday.

D-Wave Quantum QBTS announced Tuesday that it had signed a memorandum of understanding with one of South Korea’s top private universities to catalyze the adoption of quantum computing in the country.

D-Wave Quantum’s latest quantum computing system has finally hit the market, the company said Tuesday.