Latest news with #QuantumUplift
Yahoo
14-03-2025
- Business
- Yahoo
D-Wave Soars 30% Today--Quantum Revolution or Hype?
D-Wave Quantum (NYSE:QBTS) just pulled off a stunning 30% jump at 11.50am today after reporting a massive 128% surge in bookings, hitting a record $23.9 million for 2024. But here's the twistactual revenue? Flat at $8.8 million. And net losses? A brutal $143.9 million. The stock is ripping, but the numbers raise big questions: Can D-Wave's quantum computing breakthroughs translate into real, scalable business, or is this just another hype cycle? CEO Alan Baratz is betting big on quantum annealing, pointing to a peer-reviewed study that claims supremacy over classical computing, alongside new deals with Julich Supercomputing Centre and Carahsoft. Warning! GuruFocus has detected 7 Warning Signs with QBTS. Despite the revenue stagnation, D-Wave is going all in on expansion. Bookings in Q4 skyrocketed 502%, though revenue slid 21%a clear sign the company is signing deals faster than it's delivering results. Still, they're making moves. The latest 4,400-qubit Advantage2 system is a beast, boasting 40% better energy scaling and stronger qubit connectivity. And the "Quantum Uplift" initiative? A direct challenge to competitors, luring over customers frustrated with rival platforms. Meanwhile, real-world applications are growingthink optimizing police deployments in the UK and running simulations for autonomous farming tech. The technology is evolving fast, but the business model is still playing catch-up. For investors, the big question is whether D-Wave's quantum breakthroughs can justify its financial reality. The company is doubling down on visibility, with the "Quantum Realized" campaign and its upcoming Qubits conference in March 2025, featuring industry heavyweights. Baratz is pushing back hard against skeptics, insisting that D-Wave has achieved a true quantum leap where others have fallen short. But with sky-high operating expenses and a cash burn rate that won't quit, this could go one of two wayseither D-Wave cements itself as a quantum powerhouse, or it's another case of tech euphoria getting ahead of fundamentals. Investors are betting on the former, but the numbers still need to back it up. This article first appeared on GuruFocus.
Yahoo
04-03-2025
- Business
- Yahoo
D-Wave Quantum (NYSE:QBTS) Surges 64% As Jülich Supercomputing Centre Acquires Advantage Quantum Computer
D-Wave Quantum surged 64% over the last quarter, coinciding with key developments that likely influenced investor sentiment. A pivotal collaboration with the Jülich Supercomputing Centre saw the latter acquiring D-Wave's Advantage quantum computer, enhancing D-Wave's standing in high-performance computing. This marked a significant technological advancement, especially with the expected integration into JUPITER exascale computing. Additionally, D-Wave's strategic move to provide on-premises Advantage systems bolstered its appeal amidst rising demand for on-site quantum computing solutions. Concurrently, the launch of the "Quantum Uplift" program aimed to capture a larger market share by incentivizing transitions from competitor systems. Meanwhile, as broader markets saw a decline due to new U.S. tariffs and economic uncertainty, D-Wave's positive announcements were indicative of growth potential, appealing to investors despite the broader downward market trend. Overall, such strategic initiatives and technological advancements likely supported the positive price trajectory of D-Wave Quantum. Click to explore a detailed breakdown of our findings on D-Wave Quantum. Over the past year, D-Wave Quantum's total shareholder returns surged 242.66%. This impressive performance stood out against the broader market, which saw a 15.3% increase, and the software industry, which grew 4.4%. Key milestones during this period include D-Wave's inclusion in the Russell 2500 and S&P Software & Services Select Industry Index in July 2024, which may have enhanced investor visibility. The company also launched a hybrid quantum solver capable of managing up to 2 million variables in June 2024, significantly advancing its technological capabilities. Additionally, D-Wave maintained its NYSE listing standards as of November 2024, addressing previous compliance concerns. D-Wave conducted a follow-on equity offering totaling US$150 million in early 2025, further securing capital for growth. Investor confidence might have been reinforced by executive changes, including the appointment of Sharon Holt to the Board in November 2024, bringing added expertise in technology and business. These cumulative efforts likely played a role in sustaining the company's robust returns over the year. Get the full picture of D-Wave Quantum's valuation metrics and investment prospects—click to explore. Assess the downside scenarios for D-Wave Quantum with our risk evaluation. Are you invested in D-Wave Quantum already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:QBTS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Associated Press
19-02-2025
- Business
- Associated Press
IBN Coverage: D-Wave Quantum (NYSE: QBTS) Offers On-Premises Quantum Computing Systems for Research, Government Use
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES - February 18, 2025 ( NEWMEDIAWIRE) - D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave') announced that it is making its Advantage quantum computing systems available for purchase by research centers, academic institutions, and governments, enabling on-premises quantum experimentation and development. D-Wave expects the move, which is highlighted by Forschungszentrum Jülich's recent acquisition of a D-Wave Advantage system, to drive advanced research and new discoveries in areas such as artificial intelligence (AI) and quantum simulation. The offering includes shipping, installation, calibration, ongoing maintenance, and assistance with local hybrid quantum solver setup. Additionally, D-Wave introduced the 'Quantum Uplift' program, offering incentives for organizations dissatisfied with competitor quantum systems. To view the full press release, visit 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 and Advantage2TM 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. 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. IBN
