D-Wave Quantum shares surge on new quantum computer release
Investing.com -- Shares of D-Wave Quantum Inc. (NYSE: QBTS ) rose 9% after the company announced the general availability of its Advantage2 Quantum Computer, which it touts as its most advanced and performant system to date. The new quantum computing system is designed to solve complex computational problems that are currently beyond the capabilities of classical computers.
The Advantage2 Quantum Computer features D-Wave’s most sophisticated quantum processor yet, with substantial enhancements aimed at addressing real-world applications in optimization, materials simulation, and artificial intelligence (AI). According to the company’s CEO, Dr. Alan Baratz, this launch represents a significant milestone not only for D-Wave but for the broader quantum computing industry.
The Advantage2 system boasts increased qubit connectivity, higher energy scale, lower noise, greater coherence, and energy-efficient processing power. It also integrates fast anneal technology and hybrid solvers, supporting up to two million variables and constraints, enabling large-scale business-critical applications.
Since June 2022, over 20.6 million customer problems have been run on the Advantage2 prototypes via D-Wave’s Leap real-time quantum cloud service, reflecting a 134% increase in customer use over the last six months. The system has been utilized in various sectors, including mobile network optimization, workforce scheduling, and automotive manufacturing processes.
The full-scale Advantage2 system is now accessible through the Leap quantum cloud service, and D-Wave is also expanding its fleet of annealing quantum computers worldwide. The company has highlighted successful use cases from organizations like Japan Tobacco (OTC: JAPAF ) in drug discovery and research initiatives at institutions such as the Jülich Supercomputing Center and Los Alamos National Laboratory.
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