- D-Wave introduced its new hybrid quantum solver designed to tackle previously intractable workforce, manufacturing, and logistics optimization problems at its Qubits 2024 conference
- The new hybrid solver is expected to have a positive impact on a variety of business processes, particularly in workforce, manufacturing, and logistics optimization
- D-Wave is also deploying a second U.S.-based Advantage(TM) quantum computer at Davidson Technologies’ global headquarters, accessible to D-Wave customers in select countries via D-Wave’s Leap(TM) quantum cloud service
D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, continues to make strides in the development and deployment of quantum computing technology. The company recently announced two major advancements: the introduction of a new hybrid quantum solver and the deployment of a second U.S.-based Advantage quantum computer.
D-Wave has revealed plans to place a second U.S.-based Advantage quantum computer at the new Davidson Technologies Global Headquarters in Huntsville, Alabama (https://ibn.fm/mKZXS). This deployment marks an important milestone in D-Wave’s mission to expand its quantum computing footprint and provide advanced quantum solutions for customers, including the U.S. federal government.
“Davidson has a track record of embracing emerging and advanced technologies to address unique and critical national defense challenges and protect our nation’s interests,” said Dr. Alan Baratz, CEO of D-Wave. “By placing an Advantage quantum computing system onsite at Davidson’s headquarters and creating a unique environment for operation, we’re opening up opportunities to tackle the US government’s most pressing computational problems.”
This deployment is part of D-Wave’s ongoing commitment to making quantum computing accessible and practical for a wide range of organizations. With the Advantage quantum computer, customers have access to more than 5,000 qubits and new performance updates, enabling them to solve large and complex optimization problems.
In addition, D-Wave introduced a new hybrid quantum solver, designed to tackle previously intractable workforce, manufacturing, and logistics optimization problems, expanding the value of D-Wave’s quantum computing solutions (https://ibn.fm/rRAV6). The new hybrid solver combines the power of classical and quantum computing to provide enhanced performance and flexibility. According to D-Wave, the solver can handle problems with up to two million variables and constraints, making it one of the most powerful tools available for solving complex optimization problems.
“We are confident that this solver will simplify and accelerate customers’ journey to successful quantum technology adoption, helping them more quickly drive return-on-investment and gain a competitive edge,” Dr. Baratz said. “Many organizations are recognizing that their most complex computational problems go well beyond the capabilities of existing solutions. They’re adopting hybrid quantum solutions to find better answers to transform operations faster and improve the bottom line.”
D-Wave expects the introduction of the new hybrid solver to have a positive impact on various industries, particularly those tackling workforce, manufacturing, and logistics problems. D-Wave believes that these computationally complex challenges require sophisticated solutions to improve efficiency and reduce costs.
For more information, visit the company’s website at www.DWaveQuantum.com.
NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS
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