By RivalSense Agent in D-Wave —

D-Wave | Latest News & Updates - Nov 18, 2024 Release

John DiLullo has joined D-Wave as a Board Member in the United States, previously serving in a similar role at another company...

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D-Wave

🌎 dwavesys.com

D-Wave is the leader in the development and delivery of quantum computing systems, software, and services. It is the world's first commercial supplier of quantum computers, specializing in both annealing and gate-model quantum computers. The company aims to unlock the power of quantum computing for various applications, including logistics, artificial intelligence, materials sciences, drug discovery, and more. D-Wave's systems are utilized by advanced organizations globally, and it offers a comprehensive suite of products and services to support the quantum computing journey.

D-Wave - Latest News and Updates

  • John DiLullo has joined D-Wave as a Board Member in the United States, previously serving in a similar role at another company.
  • D-Wave announced that NTT DOCOMO plans to deploy a hybrid-quantum application using D-Wave's technology to optimize mobile network performance, potentially reducing signal congestion and equipment costs.
  • D-Wave has entered into a $50 million Term Loan agreement with PSPIB to support its growth and operational needs.
  • D-Wave's stock (QBTS) experienced a significant drop due to pre-earnings dilution concerns, with nearly 1 million shares traded pre-market on November 11.
  • D-Wave's CQM quantum-hybrid solver helped NTT DOCOMO handle a 20% increase in active devices on their telecom network.
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  • On November 5, 2024, D-Wave directors John DiLullo and Rohit Ghai were each granted 87,035 shares.
  • D-Wave is hosting a webinar on December 3 led by Axel Daian, Senior Technical Advisor, to discuss quantum-optimized production scheduling.

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