D-Wave Quantum Inc. (NYSE: QBTS) Announces New Hybrid Solver Plug-In for Ocean(TM) SDK

  • D-Wave’s hybrid solver plug-in enables developers to more easily incorporate quantum into feature selection and machine learning workflows 
  • D-Wave’s quantum applications cover problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling
  • According to International Data Corporation (“IDC”), 78% of organizations believe that AI-driven projects significantly, or very significantly, impact business outcomes(1)

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 a new hybrid solver plug-in for feature selection as a part of its focus on helping companies leverage quantum technology to streamline the development of machine learning applications (https://ibn.fm/IEM2a).

The new hybrid solver plug-in for D-Wave’s Ocean(TM) SDK enables developers to more easily incorporate quantum into feature selection and machine learning workflows, seamlessly integrating with scikit-learn, an industry-standard state-of-the-art machine learning library for Python, which is immediately available for download and use.

D-Wave’s focus is to help customers apply the unique capabilities of quantum computing to practical business applications that solve computationally complex problems.

The value delivered by D-Wave comes from its practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

The launch of D-Wave’s new hybrid solver plug-in comes at a time when companies are turning to AI and machine learning technologies to navigate increased complexity in the enterprise. According to IDC, 78% of organizations believe that AI-driven projects significantly or very significantly impact business outcomes (https://ibn.fm/tHObs). (2)

“We’re hearing from customers that the combination of quantum hybrid solutions with feature selection in AI/ML model training is important for accelerating business impact,” said Murray Thom, vice president of quantum business innovation at D-Wave. “This plug-in represents yet another example of how D-Wave is facilitating quantum ML workstreams and making it easy to incorporate optimization in feature selection efforts.”

D-Wave’s new Ocean plug-in makes it easier to use D-Wave’s hybrid solvers for feature selection in workflows. Feature selection is a key building block of machine learning. It is a problem of determining a small set of the most representative characteristics to improve model training and performance in machine learning. With the new plug-in, developers do not have to be experts in optimization or hybrid solving to get the business or technical benefits of both. The developers who are creating feature selection applications can build a pipeline with scikit-learn and then embed D-Wave’s hybrid solvers into the workflow more easily and efficiently.

Developers can easily get started by signing up for the Leap quantum cloud service for free, installing the plug-in, and viewing demos and examples created by the company. For a more collaborative approach, developers can reach out to D-Wave directly and explore the feature selection offering in AWS Marketplace.

For more information, visit the company’s website at www.DWaveQuantum.com.

(1) IDC, Emerging AI/ML Feature Store Technology Bolsters Enterprise Intelligence Initiatives, Doc. #US50007823, Feb. 28, 2023
(2) IDC, Emerging AI/ML Feature Store Technology Bolsters Enterprise Intelligence Initiatives, Doc. #US50007823, Feb. 28, 2023

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

This article contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this article include, but are not limited to, statements regarding the release and performance of the Advantage2 processor. We cannot assure you that the forward-looking statements in this article will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the registration statement on Form S-1 filed by the Company with the SEC on February 13, 2023, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; changes in applicable laws and regulations; the effect of pandemics, geopolitical events, natural disasters, wars, or terrorist acts on our business or the economy in general; and the impact of inflation. Furthermore, if the forward-looking statements contained in this article prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this article represent our views as of the date of this article. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this article.

About TechMediaWire

TechMediaWire (“TMW”) is a tech-focused financial news and content distribution company, one of 50+ brands within IBN, providing: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a specialized communications platform with an extensive team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public tech companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By putting a spotlight on the latest and greatest in the tech industry, TMW brings its clients unparalleled visibility, recognition and brand awareness. TMW is where investors come to learn about the next big things in tech and the companies that are making them happen.

To receive SMS text alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://TechMediaWire.com/disclaimer

TechMediaWire (TMW)
Los Angeles, CA
www.TechMediaWire.com
212.418.1217 Office
Editor@TechMediaWire.com

TechMediaWire is part of IBN.

Archives

Select A Month

Contact us: (310) 299-1717