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D-Wave deployed what was considered the first commercial quantum computer in 2011. A handful of D-Wave’s quantum computers are now being used by Google, NASA and Lockheed Martin for artificial intelligence, image recognition and machine learning.
D-Wave now has a pipeline of government, commercial and intelligence customers waiting for the company’s faster quantum computers, which will start rolling out later this year, said CEO Vern Brownell.
The company will release faster processors over the next two years that will be central to the new quantum computers, Brownell said. The company currently offers the D-Wave Two, which financial analyst firm Sterne Agee in March estimated had a list price “north of $10 million.”
D-Wave last week received US$28 million in funding from new and existing investors, including Goldman Sachs and BDC Capital. The investment will be used to boost internal software development efforts, but there is room for more funding, Brownell said. The goal is to take the company public in a few years, Brownell said.
D-Wave has 1,152-qubit chips in its lab right now, and hopes to double that to a 2,000-qubit processor next year.
Read more »
Reposted via Next Big Future
D-Wave deployed what was considered the first commercial quantum computer in 2011. A handful of D-Wave’s quantum computers are now being used by Google, NASA and Lockheed Martin for artificial intelligence, image recognition and machine learning.
D-Wave now has a pipeline of government, commercial and intelligence customers waiting for the company’s faster quantum computers, which will start rolling out later this year, said CEO Vern Brownell.
The company will release faster processors over the next two years that will be central to the new quantum computers, Brownell said. The company currently offers the D-Wave Two, which financial analyst firm Sterne Agee in March estimated had a list price “north of $10 million.”
D-Wave last week received US$28 million in funding from new and existing investors, including Goldman Sachs and BDC Capital. The investment will be used to boost internal software development efforts, but there is room for more funding, Brownell said. The goal is to take the company public in a few years, Brownell said.
D-Wave has 1,152-qubit chips in its lab right now, and hopes to double that to a 2,000-qubit processor next year.
Read more »
Reposted via Next Big Future
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