FAQ on D-Wave Quantum's Introduction of Service-Level Agreements for Leap(TM) Quantum Cloud Service

What are the new service-level agreements (SLAs) introduced by D-Wave Quantum?

D-Wave Quantum has introduced SLAs for its Leap quantum cloud service customers who are moving applications into production, ensuring 99.9% availability for its Solver API and aggregated set of annealing quantum computers.

Why is the introduction of SLAs by D-Wave Quantum significant?

The introduction of SLAs signifies D-Wave’s confidence in the Leap service’s availability, reliability, scalability, and its ability to support commercial-grade quantum and hybrid-quantum application requirements, marking a pivotal step for customers transitioning to production deployments.

How has the Leap quantum cloud service performed over the past 12 months?

Over the past 12 months, the Leap quantum cloud service has seen a surge in usage with more than 60 million jobs submitted, representing a 215% increase over the previous 12 months.

Who is affected by the introduction of these SLAs?

Customers of D-Wave’s Leap quantum cloud service who are moving applications into production are directly affected by the introduction of these SLAs, as it provides them with guaranteed service availability and reliability.

What does the 99.9% availability guarantee entail for Leap service customers?

The 99.9% availability guarantee ensures that the Solver API and aggregated set of annealing quantum computers provided by the Leap quantum cloud service are reliably accessible to customers for their production applications.

Where can I find more information about D-Wave Quantum and its Leap quantum cloud service?

More information about D-Wave Quantum and its Leap quantum cloud service can be found in the company’s newsroom at https://ibn.fm/QBTS and through their corporate communications.

What are the forward-looking statements mentioned in the press release?

The press release contains forward-looking statements about D-Wave’s expectations and plans, which involve risks and uncertainties that could cause actual results to differ materially. These statements are based on current information and are subject to change.

How can investors get more information about D-Wave Quantum?

Investors can visit the InvestorBrandNetwork website at https://www.InvestorBrandNetwork.com for more information and updates relating to D-Wave Quantum (NYSE: QBTS).