D-Wave Quantum Inc. (NYSE: QBTS) Announces Fast-Anneal Feature Availability in Leap(TM) Quantum Cloud Service

  • Fast anneal is expected to impact various quantum computing applications, from advanced scientific research in quantum simulation to AI and solving real-world problems across wide spectrum of industries
  • It expands upon D-Wave’s groundbreaking optimization achievements, utilizing the comprehensive coherent annealing quantum computing provided by D-Wave’s Advantage(TM) systems and the cutting-edge Advantage2(TM) prototype
  • The introduction of the fast-anneal feature is poised to attract both commercial and academic researchers aiming to develop top-tier applications, broaden benchmarking investigations, and correlate heightened coherence with enhanced performance

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, recently announced the launch of the fast-anneal feature, which is available on all D-Wave’s quantum processing units (“QPUs”) in the D-Wave Leap real-time quantum cloud service. Fast anneal is expected to impact a number of quantum computing applications, most notably advanced scientific research.

D-Wave’s fast-anneal feature has been a key part of the company’s research milestones, including published work in Nature Physics (2022) and Nature (2023), demonstrating the advantages of annealing quantum computing over classical algorithms for solving complex optimization problems. Now that this functionality is readily available, customers can conduct quantum computations at remarkable speeds, effectively mitigating the influence of external interferences like temperature changes and background noise, which typically impede quantum calculations.

By providing enhanced control for significantly quicker annealing durations compared to previous options, this feature sets the stage for customers to replicate and expand upon D-Wave’s groundbreaking optimization achievements utilizing the comprehensive coherent annealing quantum computing provided by D-Wave’s Advantage systems and the cutting-edge Advantage2 prototype, the most performant system the company has developed thus far.

“Providing direct access to Fast Anneal, which has been at the heart of D-Wave’s recent advancements, represents a significant step forward in our mission to provide customers with the resources they need to drive innovation and achieve extraordinary results,” said Dr. Alan Baratz, CEO of D-Wave (https://ibn.fm/WgOEf). “We believe it will further empower them to build industry-shaping applications with the most powerful quantum computing environment available today.”

Customer interest in D-Wave’s cutting-edge annealing quantum computing technology is evident through the utilization of its two Advantage2 experimental prototypes, which collectively have addressed almost eight million customer inquiries since their introduction in 2022 and 2024. The new fast-anneal feature is poised to attract both commercial and academic researchers aiming to develop top-tier applications, broaden benchmarking investigations, and correlate heightened coherence with enhanced performance.

Ed Heinbockel, president and CEO of SavantX, a D-Wave customer, welcomed the new functionality, saying that by providing direct access to quantum computing’s central nervous system, D-Wave is single-handedly opening new horizons for research on quantum computing and AI. “We believe the new capability will help us realize significant benefits of coherence on application development that we’d otherwise be unable to achieve,” he added.

The announcement was also praised by Christopher Savoie, co-founder and CEO of Zapata AI, who underlined that the ability to use the fast-anneal feature to directly interact with D-Wave’s Advantage2 prototype is exciting for Zapata AI’s work building quantum-enhanced generative AI models trained on molecular data to accelerate drug discovery and design new materials. “The fast-anneal feature can produce coherent distributions that have the potential to allow more efficient encoding of complex data patterns in a way that is classically impractical,” Savoie added. “In addition to molecular discovery applications, this feature could also be valuable in other industrial applications involving complex data patterns, particularly in combinatorial optimization problems found across industries.”

D-Wave’s customers include over two dozen Forbes Global 2000 companies and blue-chip industry leaders like Mastercard, Deloitte, Unisys, NEC Corporation, DENSO, and more. Their client success stories can be found on the company’s website (https://ibn.fm/aDOwo).

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

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 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 its 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 press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

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