D-Wave Quantum Inc. (NYSE: QBTS) Releases New Tools to Advance Quantum AI Innovation and Exploration

• D-Wave recently introduced an open-source quantum AI toolkit that enables developers to seamlessly integrate D-Wave quantum computers into modern ML architectures.
• Part of D-Wave’s Ocean software suite, the quantum AI toolkit provides direct integration between D-Wave’s quantum computers and PyTorch, an ML framework used to create and train deep learning models.
• New demo shows developers how to experiment with using D-Wave quantum processors to generate simple images.

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, recently released a collection of offerings to help developers explore and advance quantum artificial intelligence (“AI”) and machine learning (“ML”) innovation, including an open-source quantum AI toolkit and a demo. Available now for download, the quantum AI toolkit enables developers to seamlessly integrate quantum computers into modern ML architectures. The demo shows how developers can use the toolkit to experiment with using D-Wave(TM) quantum processors to generate simple images, reflecting what D-Wave believes is a pivotal step in the development of quantum AI capabilities. By releasing this new set of tools, D-Wave aims to help organizations accelerate the use of annealing quantum computers in a growing set of AI applications.

The quantum AI toolkit, part of D-Wave’s Ocean(TM) software suite, provides direct integration between D-Wave’s quantum computers and PyTorch, an ML framework widely used to train and create deep learning models. The toolkit includes a PyTorch neural network module for using a quantum computer to build and train ML models known as a restricted Boltzmann machine (“RBM”). Used to learn patterns and connections from complex data sets, RBMs are employed for generative AI tasks such as image recognition and drug discovery. Training RBMs with large datasets can be a computationally complex and time-consuming task that could be well-suited for a quantum computer. By integrating with PyTorch, D-Wave’s new toolkit aims to make it easy for developers to experiment with quantum computing to address computational challenges in training AI models.

“With this new toolkit and demo, D-Wave is enabling developers to build architectures that integrate our annealing quantum processors into a growing set of ML models,” said Dr. Trevor Lanting, chief development officer at D-Wave. “Customers are increasingly asking us for ways to facilitate the exploration of quantum and AI, recognizing the collaborative potential of these two complementary technologies.”

D-Wave continues to advance its quantum AI product roadmap, delivering new solutions to customers while expanding development efforts. The company is working with a growing number of customers on exploratory quantum AI projects. For example, D-Wave has completed a joint proof-of-concept project with the pharmaceutical division of Japan Tobacco Inc. that used D-Wave’s quantum computing technology and AI in the drug discovery process. The quantum proof-of-concept outperformed classical methods for AI model training in drug discovery. Researchers at the Jülich Supercomputing Centre at Forschungszentrum Jülich also used D-Wave’s quantum technology to create an ML tool that predicts protein-DNA binding with greater accuracy than traditional methods using classical computers. The team integrated quantum computing with support vector machines to achieve improved results in various metrics, significantly enhancing classification performance. TRIUMF, Canada’s particle accelerator center, and its partner institutions, also published a paper showing significant speedups using D-Wave’s quantum computers over classical approaches for simulating high-energy particle-calorimeter interactions—potentially leading to major efficiencies where the AI model is used to create synthetic data.

Companies looking to explore the integration of quantum computing into AI workloads can apply to the Leap Quantum LaunchPad(TM) program.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers — the world’s largest — feature QPUs with sub-second response times and can be deployed on-premises or accessed through our quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

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