other material
confidence medium
sentiment positive
materiality 0.50
D-Wave CEO discusses quantum supremacy, system pricing $20-40M on Fox Business
D-Wave Quantum Inc.
- CEO Dr. Alan Baratz appeared on Fox Business to discuss quantum supremacy demo with Advantage2.
- Advantage2 outperformed one of the world's most powerful supercomputers on a materials simulation problem.
- System sales cycles are long due to price point of $20-$40 million per system.
- D-Wave highlights annealing quantum computing as key to commercial adoption of optimization problems.