Latest news with #Baratz
Yahoo
27-05-2025
- 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
21-05-2025
- Business
- Yahoo
Bull of the Day: D-Wave Quantum (QBTS)
D-Wave Quantum QBTS shares soared over 25% on Tuesday after the company announced its next-generation Advantage quantum computing D-Wave's most advanced quantum processor to date, the Advantage2 system is commercial-grade, and built to address real-world use cases in areas such as optimization, materials simulation and artificial intelligence (AI).But the immediate breakthrough might be that customers will be able to access Advantage2 initially only through D-Wave's Leap cloud service. This marks the first instance of Completes the TriumvirateD-Wave CEO Alan Baratz emphasized in the company's Q1 earnings release two weeks ago that they "became the first to demonstrate quantum supremacy over classical computing on a useful real-world problem."From the May 8 press the peer-reviewed paper 'Beyond-Classical Computation in Quantum Simulation' in Science, validating D-Wave's demonstration of quantum computational supremacy on a useful real-world problem. This research showed that D-Wave's annealing quantum computer was able to perform a magnetic materials simulation in minutes that would take nearly one million years and more than the world's electricity supply on one of today's most powerful classical supercomputers, the Frontier massively parallel, GPU-based exascale supercomputer at the Oak Ridge National Laboratory. This claim met resistance from some technology observers who debated the apples vs. oranges comparisons. But the accomplishments of D-Wave should not be so easily dismissed as there is definitely a "there, there" under the surface. As we learned from NVIDIA NVDA CEO Jensen Huang and other quantum experts recently at the first ever NVIDIA Quantum Summit in March, the world's most advanced computers will use a combination of CPUs, GPUs, and QPUs, or quantum computing are not only very far from competing with GPUs, they will likely never replace them. And Jensen made sure everyone knew that when he graciously invited those leaders for a pow-wow, a month after completely dismissing the nascent can learn more about that exciting and controversial event in a podcast I did with Neena Mishra in March... Quantum Computing: Tech's Next Giant Leap?D-Wave's outspoken CEO Baratz sat next to Jensen and you could only cut the tension with a laser. But Baratz had already acknowledged that quantum systems will work in tandem with GPU-based AI, and he proved it with the company's first big sale in February.D-Wave made a big splash in the quantum computing space with their first sale of an Advantage annealing quantum computing system to a high-performance computing (HPC) center, the Jülich Supercomputing Centre (JSC), about 54 kilometers west of Cologne, Europe's first and only exascale HPC, the JSC JUPITER supercomputer will utilize D-Wave's Advantage system to facilitate breakthroughs in AI and quantum optimization is expected to surpass the threshold of one exaFLOP, or one quintillion floating point operations per second. This will be the world's first coupling of an annealing quantum computer with an exascale supercomputer, providing a first-of-a-kind opportunity for tackling the world's toughest computational Raises the BarThe Advantage2 system is expected to deliver significant performance gains and efficiency with doubled coherence, increased connectivity and a 40% boost to the energy scale for advanced problem addition to the Jülich Supercomputing Center, the Los Alamos National Laboratory (LANL) has already been using prototypes of the new Advantage2 system to advance their research. A LANL engineer and Dale Moore, President and CEO of defense contractor Davidson Technologies, both were quoted in the press release regarding their enthusiasm for continued R& located in Huntsville, Alabama is a trusted provider of advanced engineering and technical solutions supporting the U.S. Department of Defense, intelligence community, and aerospace industry. With a focus on mission-driven innovation, Davidson combines deep domain knowledge with emerging technologies to solve the nation's most complex defense of this announcement, QBTS shares were already a Zacks #2 Rank because EPS estimates had moved significantly higher between the company's last two quarterly reports, with the full-year 2025 bottom line rising from a loss of 38-cents to only -$ the Q1 sale to JSC, D-Wave had bragging rights of a 500% jump in revenues on an admittedly small base. Before Tuesday's announcement, full-year 2025 sales were projected to cross $25 million, representing 183% it's fair to say that with a meteoric 125%+ gain in just 9 trading sessions, investors will be looking for increased sales and clarity on the expected delivery of physical Advantage2 systems -- or if margins will be better with the Leap cloud hyperscalers (think Microsoft, Google, Amazon, Oracle, and even Meta and Tesla) and other supercomputing research centers aiming to integrate quantum computing into their infrastructure will definitely want the Advantage2 system in a dedicated on-premise Goes Full QuantumAnother fortunate trade wind for D-Wave this past week may be the sizable investments and partnerships being lavished on a private the private quantum-computing company majority-owned by Honeywell, finalized a $1 billion agreement with a Qatari investment firm last week. That number is spread over a decade, but it does show a commitment to the technology that has not been seen in the revenues of any of the companies was thought last year that Quantinuum might fetch a valuation as high as $10 billion if it IPOs this year. That estimate is probably higher now, and driving more investors to bet on the ponies already running on the public track, including Rigetti Computing RGTI and IonQ was a big winner for members of my TAZR Trader portfolio recently where we took gains of 1,340% and 703%. And IonQ has been of particular interest in my special report Beyond AI: The Quantum Leap in Computing Power because it utilizes the same technology approach as Quantinuum known as "trapped ion" Tuesday's rally in D-Wave shares, TAZR is sitting on open gains of over 1,600% in So Fast, You Gotta Wear a HelmetWriting for Barron's on May 15, Mackenzie Tatananni explained the "ramping global demand" for the technology."Quantum computing is often seen as a speculative bet by investors and detractors could argue that its appearance alongside sectors like defense and energy was a surprise. However, the announcement was just another sign that enthusiasm for the technology continues to mount, both in the U.S. and abroad."Quantinuum said its joint venture agreement with Al Rabban Capital would accelerate the adoption of quantum technology in Qatar and the surrounding 10-year investment horizon includes training new developers and enabling access to Quantinuum's systems. As we've learned with NVIDIA, getting developers on-board and building in the platform ecosystem is key to further adoption across corporations and partners plan to develop regional-specific uses of quantum in fields such as finance, precision medicine, and genomics, both for academic and industrial line: While the stock valuations of QBTS, RGTI, and IONQ may be ahead of their revenues, there is excitement among investors big and small, from Qatar to Queens, that QPUs will change the world as fast GPUs in the coming decade. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
21-05-2025
- Business
- Yahoo
Quantum computing news sends D-Wave Quantum's stock price surging
One of today's top trending stocks is D-Wave Quantum, () a leader in the field of quantum computing. Shares are surging after the company provided a major update this morning. D-Wave is known for producing and developing quantum computing systems, as well as software and services. Its machines provide clients with practical quantum solutions, enabling them to take advantage of the transformational technology. 💰💸 💰💸 Quantum refers to a type of computing that leverages the principles of quantum mechanics to perform tasks at a faster rate than classical systems. The company has enjoyed a strong start to the month of May, primarily due to an extremely promising Q1 earnings report that revealed several new records. However, a more recent announcement has caused QBTS stock to skyrocket today, making it one of the market's top movers. After a week of modest growth, D-Wave stock kicked off trading today with a surge and, despite some volatility, has been mostly trending upward. As of this writing, QBTS is up 27% after dropping slightly from its midday high of 30%.This surge is due to D-Wave announcing the release of its latest quantum computing system, Advantage2. The sixth iteration of the company's machines is described as D-Wave's most advanced quantum system to date. According to a statement, it can solve complex problems that classical computers cannot. D-Wave also notes that this new addition to its quantum computing family is both powerful and energy-efficient. It makes a significant step forward not just for D-Wave but for the entire quantum computing field, according to CEO Dr. Alan Baratz. 'It's an engineering marvel, with substantial technical advancements that highlight D-Wave's progress in scaling quantum technology to meet industry demands for growing computational processing power while maintaining energy efficiency,' Baratz states. He adds that this commercial-grade machine is an important step forward in helping customers realize the value of quantum computing, a mission that D-Wave is highly focused on. The company's statement also highlights that Advantage2 can deliver 'performance gains with greater coherence and increased qubit connectivity,' helping it address more complex problems. More Tech Stock News: One AI stock makes up 78% of Nvidia's investment portfolio Billionaire Stanley Druckenmiller quintuples stake in top semiconductor stock Google hit with scathing accusations from top VC firm These clients may include prominent tech companies that can benefit from implementing quantum computing into their infrastructure, such as hyperscalers and supercomputing centers. As Baratz told TheStreet earlier this year, he sees quantum as a powerful technology that can help companies in many industries scale operations, including artificial intelligence (AI). When D-Wave stock surged on its Q1 earnings smash on May 8, other quantum computing stocks enjoyed the momentum. However, most of its peers aren't rising today, and some, such as Quantum Computing Inc. and Rigetti Computing, are currently in the suggests that D-Wave's progress is seen as bad news for other quantum computing stocks, as it means the company is increasing its lead in the industry. More than that, though, its recent growth suggests it may be seen as a new market leader in quantum computing. In January 2025, Nvidia CEO Jensen Huang sent quantum computing stocks into a freefall when he predicted that practical quantum computing likely wouldn't arrive for decades. Baratz disputed these claims, citing D-Wave's technology as proof that Huang's thesis was incorrect. Now the release of Advantage2 further supports his claims that the era of practical quantum computing is quickly approaching and that D-Wave is helping usher it in. Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
D-Wave CEO Dr. Alan Baratz Discusses Company's Technical and Commercial Momentum on Fox Business' The Claman Countdown
PALO ALTO, Calif., May 12, 2025--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz was interviewed on Fox Business' The Claman Countdown on Friday, May 9, 2025, where he discussed the company's recent technical and commercial achievements. During the interview, Dr. Baratz discussed D-Wave's recent quantum supremacy demonstration, which showed that its Advantage2 quantum computer outperformed one of the world's most powerful supercomputers on a complex real-world materials simulation problem. He noted that "that work caught the attention of the supercomputer community and national labs around the world with a realization that these systems could be used to do some very interesting deep research into new areas." He further noted that "these (system sales) are long lead time sales cycles because of the fact that systems are quite pricey, anywhere from $20-$40 million for a system." D-Wave believes that annealing quantum computing is emerging as the critical accelerant to commercial adoption of quantum computing. The technology is uniquely suited for real-world optimization problems, which are widespread throughout the modern enterprise. Fox Business' The Claman Countdown captures the chaos of the last hour on Wall Street. A replay of the interview with Dr. Baratz can be viewed here: 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 5,000+ qubit Advantage™ 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 Advantage systems and Advantage2™ prototypes 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 StatementsCertain 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. View source version on Contacts Media Contacts: D-WaveAlex Daiglemedia@
Business Wire
12-05-2025
- Business
- Business Wire
D-Wave CEO Dr. Alan Baratz Discusses Company's Technical and Commercial Momentum on Fox Business' The Claman Countdown
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave' or the 'Company'), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz was interviewed on Fox Business' The Claman Countdown on Friday, May 9, 2025, where he discussed the company's recent technical and commercial achievements. During the interview, Dr. Baratz discussed D-Wave's recent quantum supremacy demonstration, which showed that its Advantage2 quantum computer outperformed one of the world's most powerful supercomputers on a complex real-world materials simulation problem. He noted that 'that work caught the attention of the supercomputer community and national labs around the world with a realization that these systems could be used to do some very interesting deep research into new areas.' He further noted that 'these (system sales) are long lead time sales cycles because of the fact that systems are quite pricey, anywhere from $20-$40 million for a system.' D-Wave believes that annealing quantum computing is emerging as the critical accelerant to commercial adoption of quantum computing. The technology is uniquely suited for real-world optimization problems, which are widespread throughout the modern enterprise. Fox Business' The Claman Countdown captures the chaos of the last hour on Wall Street. A replay of the interview with Dr. Baratz can be viewed here: 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 5,000+ qubit Advantage™ 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 Advantage systems and Advantage2™ prototypes 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.
