Latest news with #AlanBaratz
Associated Press
3 days ago
- Business
- Associated Press
IBN Coverage: D-Wave Quantum (NYSE: QBTS) CEO Highlights Revenue Increase in Fox Business Interview
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - May 30, 2025 ( NEWMEDIAWIRE ) - D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial fronts, according to CEO Dr. Alan Baratz, who appeared on Fox Business' The Claman Countdown to discuss the company's progress ( ). Baratz emphasized a significant milestone recently achieved by the company: the sale of a D-Wave(TM) Advantage quantum computing system to Germany's Julich Supercomputing Centre ('JSC'), a deal that contributed to a sharp increase in Q1 revenue. D-Wave reported quarterly revenue of $15 million, a… Read More 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, are available on-premises or via the cloud, supported by 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: 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. NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: The latest news and updates relating to QBTS are available in the company's newsroom at Forward Looking Statements Certain statements in this article 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 the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBN Los Angeles, California 310.299.1717 Office [email protected]
Globe and Mail
3 days ago
- Business
- Globe and Mail
D-Wave Quantum (NYSE: QBTS) CEO Highlights Revenue Increase in Fox Business Interview
D-Wave reported Q1 2025 revenue of $15 million, up 509% year over year. The revenue jump was driven by the sale of an Advantage(TM) quantum system to the Jülich Supercomputing Centre in Germany. CEO Dr. Alan Baratz says D-Wave's recent quantum supremacy demonstration influenced the sale, while also catching the attention of the supercomputer community and national labs around the world. Dr. Baratz reiterated that annealing quantum computing is uniquely suited for real-world optimization tasks. D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial fronts, according to CEO Dr. Alan Baratz, who appeared on Fox Business' The Claman Countdown to discuss the company's progress ( Baratz emphasized a significant milestone recently achieved by the company: the sale of a D-Wave(TM) Advantage quantum computing system to Germany's Jülich Supercomputing Centre ('JSC'), a deal that contributed to a sharp increase in Q1 revenue. D-Wave reported quarterly revenue of $15 million, a… Read More>> 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, are available on-premises or via the cloud, supported by 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: 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. Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Corporate Communications
Yahoo
6 days ago
- Business
- Yahoo
D-Wave Says U.S. Behind in Quantum Annealing
D-Wave Quantum (NYSE:QBTS) dips over 7% despite rolling out its Advantage2 system and warning the U.S. trails rivals in quantum annealing. QBTS surged over 50% in the past five trading sessionsand is up 124% year to dateafter CEO Alan Baratz pointed out that D-Wave's quantum annealing approach, unlike gate-based systems from IBM (IBM), Alphabet (NASDAQ:GOOG), IonQ (NYSE:IONQ) and Rigetti (NASDAQ:RGTI), is already powering real-world use cases. Warning! GuruFocus has detected 5 Warning Signs with QBTS. D-Wave's latest Advantage2 machine is live in 40+ countries via its cloud, and more than 130 customers70 of them commercial, including 25 Forbes Global companiesare experimenting with applications from AI-driven drug discovery at Japan Tobacco to logistics optimization at Los Alamos National Lab. Baratz argued in a Seeking Alpha interview that the U.S. government is behind other nations on annealing, missing out on near-term benefits like hurricane-evacuation routing and port-throughput planning. Chief Development Officer Trevor Lanting added that each new annealing generation delivers foundational new use cases through higher qubit coherence and lower energy consumption versus classical systems. Investors should care because Advantage2's commercial traction and D-Wave's unique tech moat could translate into faster revenue growth and wider adoptionif the company can convert pilot projects into paid deployments. With geopolitical rivals accelerating their own quantum programs, markets will be watching D-Wave's next quarterly update for signs of government contracts or major enterprise agreements. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
Why Shares of D-Wave Quantum Are Skyrocketing This Week
The company introduced its sixth-generation quantum computer this week. Investors and analysts are impressed by the technology. A JPMorgan Chase report seemed to suggest that the company is an industry leader. 10 stocks we like better than D-Wave Quantum › Since last Friday, shares of D-Wave Quantum (NYSE: QBTS) have rocketed nearly 52%, as of 12:17 p.m. ET Thursday. Earlier this week, the company announced general availability of its sixth-generation Advantage2 quantum computing system. Several companies have been working to bring quantum computing to the masses. Quantum computing, or super computers, use quantum mechanics to solve complex equations and problems much faster than a typical computer, and even surpass the skills of experts. D-Wave CEO Dr. Alan Baratz called the company's new computer "... a system so powerful that it can solve hard problems outside the reach of one of the world's largest exascale GPU-based classical supercomputers." The new system is now available in 40 countries. In a report on quantum computers, analysts at JPMorgan Chase praised the company's progress and technological innovation. "Their newly announced Advantage2 prototype features over 1,200 qubits with 20-way connectivity, with a goal to reach 7,000 qubits in the full Advantage2 system," the report said. "This prototype claims significant speedups over classical supercomputers." A qubit is the basic unit of data used in quantum computing. Regular computes only leverage bits, or the smallest unit of data that is used to build the foundations of a regular computer. Quantum computing is a tough industry for retail investors to wrap their heads around. But unlike many of its peers in the sector, D-Wave's technology appears ready to hit the ground running, and its super computers are already in use. In its first-quarter earnings release, the company also announced a smaller loss than one year prior, and significant revenue growth, so there seems to be something there. Still, with the stock trading at close to a $5.5 billion market cap, I'd keep positions smaller and more speculative for now. Before you buy stock in D-Wave Quantum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and D-Wave Quantum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $644,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $807,814!* Now, it's worth noting Stock Advisor's total average return is 962% — a market-crushing outperformance compared to 169% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy. Why Shares of D-Wave Quantum Are Skyrocketing This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why D-Wave Quantum Inc. (QBTS) Soared Today
We recently published a list of In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other stocks that soared today. D-Wave Quantum surged by 23.96 percent on Thursday to finish at $19.04 apiece, as investors continued to gobble up shares following the launch of a new quantum computer, which is said to be capable of solving problems beyond the capabilities of a classical GPU-based supercomputer. Called the Advantage2, it is said to be capable of addressing real-world use cases in areas such as optimization, materials simulation, and artificial intelligence (AI). A modern computer datacenter, running an advanced quantum computer system. '[The launch] marks a significant milestone not just for D-Wave, but for the quantum computing industry as a whole, as we bring to market our sixth-generation quantum computer, a system so powerful that it can solve hard problems outside the reach of one of the world's largest exascale GPU-based classical supercomputers,' said D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz. Customers are now able to access the Advantage2 system through the company's LeapTM real-time quantum cloud service, which is available in more than 40 countries and offers 99.9 percent availability and uptime, sub-second response times, and SOC 2 Type 2 compliance to meet enterprise needs and security requirements. Overall, QBTS ranks 5th on our list of stocks that soared today. While we acknowledge the potential of QBTS, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
