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D-Wave Announces General Availability of First Quantum Computer Built for Business


BURNABY, British Columbia, Sept. 29, 2020 (GLOBE NEWSWIRE) -- D-Wave Systems Inc., the leader in quantum computing systems, software, and services, today announced the general availability of its next-generation quantum computing platform, incorporating new hardware, software, and tools to enable and accelerate the delivery of in-production quantum computing applications. Available today in the Leaptm quantum cloud service, the platform includes the Advantagetm quantum system, with more than 5000 qubits and 15-way qubit connectivity, in addition to an expanded hybrid solver service that can run problems with up to one million variables. The combination of the computing power of Advantage and the scale to address real-world problems with the hybrid solver service in Leap enables businesses to run performant, real-time, hybrid quantum applications for the first time.

As part of its commitment to enabling businesses to build in-production quantum applications, the company announced D-Wave Launchtm, a jump-start program for businesses who want to get started building hybrid quantum applications today but may need additional support. Bringing together a team of applications experts and a robust partner community, the D-Wave Launch program provides support to help identify the best applications and to translate businesses' problems into hybrid quantum applications. The extra support helps customers accelerate designing, building, and running their most important and complex applications, while delivering quantum acceleration and performance.

The company also announced a new hybrid solver. The discrete quadratic model (DQM) solver gives developers and businesses the ability to apply the benefits of hybrid quantum computing to new problem classes. Instead of accepting problems with only binary variables (0 or 1), the DQM solver uses other variable sets (e.g. integers from 1 to 500, or red, yellow, and blue), expanding the types of problems that can run on the quantum computer. The DQM solver will be generally available on October 8.

With support for new solvers and larger problem sizes backed by the Advantage system, customers and partners like Menten AI, Save-On-Foods, Accenture, and Volkswagen are building and running hybrid quantum applications that create solutions with business value today.

The Advantage quantum computer and the Leap quantum cloud service include:

"Today's general availability of Advantage delivers the first quantum system built specifically for business, and marks the expansion into production scale commercial applications and new problem types with our hybrid solver services. In combination with our new jump-start program to get customers started, this launch continues what we've known at D-Wave for a long time: it's not about hype, it's about scaling, and delivering systems that provide real business value on real business applications," said Alan Baratz, CEO, D-Wave. "We also continue to invest in the science of building quantum systems. Advantage was completely re-engineered from the ground up. We'll take what we've learned about connectivity and scale and continue to push the limits of innovation for the next generations of our quantum computers. I'm incredibly proud of the team that has brought us here and the customers and partners who have collaborated with us to build hundreds of early applications and who now are putting applications into production."

"We are using quantum to design proteins today. Using hybrid quantum applications, we're able to solve astronomical protein design problems that help us create new protein structures," said Hans Melo, Co-founder and CEO, Menten AI. "We've seen extremely encouraging results with hybrid quantum procedures often finding better solutions than competing classical solvers for de novo protein design. This means we can create better proteins and ultimately enable new drug discoveries."

"At Save-On-Foods, we have been committed to bringing innovation to our customers for more than 105 years. To that end, we are always looking for new and creative ways to solve problems, especially in an environment that has gotten increasingly complex," said Andrew Donaher, Vice President, Digital & Analytics at Save-On-Foods. "We're new to quantum computing, and in a short period of time, we have seen excellent early results. In fact, the early results we see with Advantage and the hybrid solver service from D-Wave are encouraging enough that our goal is to turn our pilot into an in-production business application. Quantum is emerging as a potential competitive edge for our business."

"Accenture is committed to helping our clients prepare for the arrival of mainstream quantum computing by exploring relevant use cases and conducting business experiments now," said Marc Carrel-Billiard, Senior Managing Director and Technology Innovation Lead at Accenture. "We've been collaborating with D-Wave for several years and with early access to the Advantage system and hybrid solver service we've seen performance improvements and advancements in the platform that are important steps for helping to make quantum a reality for clients across industries, creating new sources of competitive advantage."

"Embracing quantum computing is nothing new for Volkswagen. We were the first to run a hybrid quantum application in production in Lisbon last November with our bus routing application," said Florian Neukart, Director of Advanced Technologies at Volkswagen Group of America. "At Volkswagen, we are focusing on building up a deep understanding of meaningful applications of quantum computing in a corporate context. The D-Wave system gives us the opportunity to address optimization tasks with a large number of variables at an impressive speed. With this we are taking a step further towards quantum applications that will be suitable for everyday business use."

About D-Wave Systems Inc.
D-Wave is the leader in the development and delivery of quantum computing systems, software and services and is the world's first commercial supplier of quantum computers. Our mission is to unlock the power of quantum computing for the world. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, cybersecurity, fault detection, and financial modeling. D-Wave's systems are being used by some of the world's most advanced organizations, including NEC, Volkswagen, DENSO, Lockheed Martin, USRA, USC, Los Alamos National Laboratory, and Oak Ridge National Laboratory. With headquarters near Vancouver, Canada, D-Wave's US operations are based in Palo Alto, CA and Bellevue, WA. D-Wave has a blue-chip investor base including PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., and In-Q-Tel. For more information, visit: www.dwavesys.com.

Contact
D-Wave Systems Inc.
[email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4ab42a04-e130-4ef6-9883-dba88b554e4c

https://www.globenewswire.com/NewsRoom/AttachmentNg/835742d2-9752-42d6-9982-e6fcc24047ff


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