FAQ: D-Wave's €10M Quantum Computing Agreement with Swiss Quantum Technology SA

What is the main announcement in this content?

D-Wave Quantum Inc. has signed a €10 million multi-year agreement with Swiss Quantum Technology SA to deploy a D-Wave Advantage2 annealing quantum computer in Europe, with an option for SQT to purchase the system.

Who are the key organizations involved in this agreement?

The agreement involves D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, and Swiss Quantum Technology SA (SQT), with the deployment supporting Italy’s newly formed Q-Alliance initiative focused on establishing Italy’s quantum leadership.

What type of quantum computer is being deployed and what are its capabilities?

The D-Wave Advantage2 is an annealing quantum computer featuring 4,400+ qubits, making it D-Wave’s most advanced quantum processor to date. It’s designed to solve complex computational problems beyond classical computers’ reach and is both powerful and energy-efficient.

How will customers access this quantum computing system?

The Advantage2 system funded by SQT will be accessible to customers via D-Wave’s Leap real-time quantum cloud service, which offers 99.9% availability and uptime according to D-Wave’s company information.

Why is this agreement significant for Europe’s quantum computing landscape?

This agreement supports Italy’s Q-Alliance initiative to establish quantum leadership in Europe and represents an important milestone in expanding global access to annealing quantum computers, fueling quantum application development and adoption across the region.

What did D-Wave’s CEO say about this agreement?

Dr. Alan Baratz, CEO of D-Wave, stated that this agreement is an important milestone in expanding global access to their fleet of annealing quantum computers and helping customers solve computationally complex problems faster and more efficiently.

Where can I find more detailed information about this announcement?

The full press release can be viewed at https://ibn.fm/h9GAC, and more information about D-Wave Quantum Inc. is available at www.dwavequantum.com.

What is D-Wave’s track record in quantum computing?

D-Wave is the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. They have over 200 million problems submitted to their quantum systems and serve more than 100 organizations.

What types of problems can this quantum computer solve?

The Advantage2 system is capable of solving complex computational problems beyond the reach of classical computers, with customers applying D-Wave’s technology to address use cases spanning optimization, artificial intelligence, research and more.