BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports Q3 Progress with New Partnerships, Technical Milestones, and Continued Exploration of Quantum AI Solutions
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) shared its Q3 2024 business results, highlighting continued advancements in commercial quantum computing. Key developments include NTT DOCOMO, Japan’s largest mobile phone operator, planning to deploy a D-Wave-powered network optimization solution, a collaboration with Japan Tobacco on drug discovery leveraging quantum with artificial intelligence (AI), and D-Wave’s designation as “awardable” on the US Department of Defense’s Tradewinds marketplace. From a technology perspective, the company also completed calibration and benchmarking on a 4,400-qubit Advantage2™ processor, which is showing significant performance gains over the current Advantage™ system, the world’s largest quantum computer. D-Wave also introduced industry-leading…