Empowers Organizations to Manage Increased
Complexity Across Key Optimization Problems, Expanding Problem
Types and Accelerating Commercial Benefit
D-Wave Systems Inc. – a global leader in quantum computing
software, services, and systems, and the only quantum computing
company building both annealing and gate model quantum computers –
today announced an update to its Constrained Quadratic Model (CQM)
hybrid solver in the Leap™ quantum cloud service. This update
enables organizations, for the first time, to leverage the power of
quantum computation to run constrained quadratic optimization
problems with continuous variables.
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D-Wave's CQM Hybrid Solver In Action:
Tackling Real-World Business Challenges (Graphic: Business
Wire)
Because of this, the CQM solver allows quantum developers to
better represent constrained problems – such as production
capacity, available funds, and asset tracking – by using continuous
variables, unlocking a new class of problems and further
accelerating commercialization of quantum applications. For
example, with continuous variables, developers can determine
optimal vehicle routes by considering capacity, travel/wait times
and distances; pharmaceutical companies can more deeply analyze
patient outcomes of drug trials by reviewing trial duration,
time-to-patient outcomes and number of iterations; and energy
operators can more effectively deliver power to customers through
models that address generator output, fuel consumption and
emission, and storage levels.
“D-Wave’s new CQM hybrid solver introduces an exciting new
method for tackling complex problems in an unconventional way,”
said Rami Musa, director of supply chain modeling and analytics at
Johnson & Johnson. “By adding support for continuous variables,
D-Wave is expanding the utility of its quantum hybrid solver, and
the early results we’ve seen are impressive. We believe our work
with D-Wave is helping our business stay ahead of the curve and
plays an important role in our quantum strategy.”
The CQM solver was first made available in October 2021. It
incorporates problem constraints, allowing users to benefit from a
simplified expression of their constrained problems, significantly
expanding the size and complexity of problems customers can solve
with constraints to find the best answers to complex business
problems.
Benefits of the addition of continuous variables to the CQM
solver include:
- Industry First: For the first time ever, users can
leverage the power of quantum computation to run constrained
quadratic optimization problems that are defined on both discrete
and continuous variables, expanding the scope of quantum solutions
into the Mixed Integer Programming (MIP) space. This capability
further broadens the optimization problems D-Wave’s platform can
solve, expanding use cases and business impact.
- Demonstrated Business Value: Available in the Leap™
quantum cloud service, enhancements to the Constrained Quadratic
Model (CQM) hybrid solver enable organizations to find
higher-quality solutions to their most complex business problems.
This creates real business value, as models using continuous
variables can avoid the up to 50% per variable overhead of
“fragmentation waste” created previously when continuous variables
had to be rounded to integers.
- Convenience & Time Savings: Direct representation of
continuous variables is a more efficient approach in terms of human
time spent in reformulating and tuning problems to reduce waste due
to fragmentation.
- Cross-Industry Impact: The new CQM solver further
expands the commercial value of quantum computing applications
across numerous industries. These include: 2D and 3D bin packing
such as pallet, aircraft and truck loading; inventory management,
and job shop scheduling in manufacturing and logistics; portfolio
optimization in financial services; and drug trial optimization in
pharmaceuticals.
“The introduction of continuous variables in D-Wave’s CQM hybrid
solver service enables our customers to immediately begin unlocking
and deriving business value on even more complex optimization use
cases by using quantum hybrid applications,” said Murray Thom, vice
president of product management at D-Wave. “Our customers are
solving the increasingly-complex challenges facing organizations in
our fast-paced, ever-changing world – and we are driven by our
belief that quantum computing will play a central role in unlocking
these solutions. By providing, for the first time, the ability to
run continuous variables on quantum computers, we’re taking an
exciting step in the evolution of this innovative technology,
marking yet another product and commercial milestone that increases
the value of quantum computing to our Global 2000 customer
base.”
To learn more about D-Wave’s quantum technology, we invite you
to attend the CQM demo webinar on June 1.
About D-Wave Systems Inc.
D-Wave is a leader in the development and delivery of quantum
computing systems, software, and services, and is the world’s first
commercial supplier of quantum computers—and the only company
building both annealing quantum computers and gate-model quantum
computers. Our mission is to unlock the power of quantum computing
today to benefit business and society. We do this by delivering
customer value with practical quantum applications for problems as
diverse as logistics, artificial intelligence, materials sciences,
drug discovery, scheduling, cybersecurity, fault detection, and
financial modeling. D-Wave’s systems are being used by some of the
world’s most advanced organizations, including NEC Corporation,
Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich,
University of Southern California, and Los Alamos National
Laboratory. With headquarters and the Quantum Engineering Center of
Excellence based near Vancouver, Canada, D-Wave’s U.S. operations
are based in Palo Alto, Calif. D-Wave has a blue-chip investor base
that includes PSP Investments, Goldman Sachs, BDC Capital, NEC
Corp., Aegis Group Partners, and In-Q-Tel.
D-Wave announced in February it has entered into a definitive
transaction agreement with DPCM Capital, Inc. (“DPCM Capital”)
(NYSE:XPOA), a publicly traded special purpose acquisition company.
Upon closing of the transaction, shares of D-Wave Quantum Inc., a
newly formed parent company of D-Wave and DPCM Capital, are
expected to trade on the NYSE under the symbol “QBTS.”
Important Information About the Proposed Transaction and
Where to Find It:
A full description of the terms of the transaction between
D-Wave and DPCM Capital is provided in a registration statement on
Form S-4, as amended, filed with the Securities and Exchange
Commission (SEC) by D-Wave Quantum Inc. that includes a preliminary
prospectus with respect to the combined company’s securities, to be
issued in connection with the transaction and a preliminary proxy
statement with respect to the stockholder meeting of DPCM Capital
to vote on the transaction. D-Wave Quantum Inc. and DPCM Capital
urge investors, stockholders, and other interested persons to read
the preliminary proxy statement/prospectus, as well as other
documents filed with the SEC, because these documents contain
important information about D-Wave Quantum Inc., DPCM Capital,
D-Wave, and the transaction. After the registration statement is
declared effective, the definitive proxy statement/prospectus to be
included in the registration statement will be mailed to
stockholders of DPCM Capital as of a record date to be established
for voting on the transaction. Stockholders also may obtain a copy
of the registration statement on Form S-4, as amended, — including
the proxy statement/prospectus and other documents filed with the
SEC without charge—by directing a request to: D-Wave Quantum Inc.,
3033 Beta Avenue, Burnaby, BC V5G 4M9 Canada; or via email at
shareholdercomm@dwavesys.com; and DPCM Capital, 382 NE 191 Street,
#24148, Miami, Florida 33179; or via email at
mward@hstrategies.com. The preliminary and definitive proxy
statement/prospectus to be included in the registration statement,
once available, also can be obtained, without charge, at the SEC’s
website (www.sec.gov).
Forward-Looking Statements
This press release contains forward-looking statements that are
based on beliefs and assumptions, and on information currently
available. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “anticipate,” “believe,”
“estimate,” “predict,” “project,” “potential,” “continue,”
“ongoing,” or the negative of these terms or other comparable
terminology, although not all forward-looking statements contain
these words. These statements involve risks, uncertainties, and
other factors that may cause actual results, levels of activity,
performance, or achievements to be materially different from the
information expressed or implied by these forward-looking
statements. We caution you that these statements are based on a
combination of facts and factors currently known by us and our
projections of the future, which are subject to a number of risks.
Forward-looking statements in this press release include, but are
not limited to, statements regarding the benefits of D-Wave’s
updated CQM solver, including the expansion the size and complexity
of problems customers can solve with constraints to find the best
answers to complex business problems; the ability to use quantum
computation to run constrained quadratic optimization problems that
are defined on both discrete and continuous variables; and the
ability of the CQM solver to create real business value,
convenience and time savings, and to have a cross industry impact.
We cannot assure you that the forward-looking statements in this
press release will prove to be accurate. These forward-looking
statements are subject to a number of risks and uncertainties,
including, among others, various factors beyond management’s
control, including risks relating to general economic conditions,
risks relating to the immaturity of the quantum computing market,
and other risks; uncertainties and factors set forth in the
sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in DPCM Capital’s Annual Report on Form
10-K, as amended, originally filed with the SEC on March 31, 2021;
and in the proxy statement/prospectus filed by D-Wave Quantum Inc.
in connection with the proposed transaction and other filings with
the SEC. Furthermore, if the forward-looking statements prove to be
inaccurate, the inaccuracy may be material. In addition, you are
cautioned that past performance may not be indicative of future
results. In light of the significant uncertainties in these
forward-looking statements, you should not rely on these statements
in making an investment decision or regard these statements as a
representation or warranty by any person that D-Wave Quantum Inc.,
DPCM Capital, or D-Wave will achieve our objectives and plans in
any specified time frame, or at all. The forward-looking statements
in this press release represent our views as of the date of this
press release. We anticipate that subsequent events and
developments will cause our views to change. However, while we may
elect to update these forward-looking statements at some point in
the future, we have no current intention of doing so except to the
extent required by applicable law. You should, therefore, not rely
on these forward-looking statements as representing our views as of
any date subsequent to the date of this press release.
No Offer or Solicitation
This communication is for informational purposes only and does
not constitute an offer or invitation for the sale or purchase of
securities, assets, or the business described herein or a
commitment to D-Wave Quantum Inc., DPCM Capital, or D-Wave; nor is
it a solicitation of any vote, consent, or approval in any
jurisdiction pursuant to or in connection with the transaction or
otherwise, nor shall there be any sale, issuance, or transfer of
securities in any jurisdiction in contravention of applicable
law.
Participants in Solicitation
D-Wave Quantum Inc., DPCM Capital, and D-Wave, and their
respective directors and executive officers, may be deemed
participants in the solicitation of proxies of DPCM Capital’s
stockholders in respect of the transaction. Information about the
directors and executive officers of DPCM Capital is set forth in
DPCM Capital’s filings with the SEC. Information about the
directors and executive officers of D-Wave Quantum Inc. and more
detailed information regarding the identity of all potential
participants, and their direct and indirect interests by security
holdings or otherwise, will be set forth in the definitive proxy
statement/prospectus for the transaction when available. Additional
information regarding the identity of all potential participants in
the solicitation of proxies to DPCM Capital’s stockholders in
connection with the proposed transaction and other matters to be
voted upon at the special meeting, and their direct and indirect
interests, by security holdings or otherwise, will be included in
the definitive proxy statement/prospectus, when it becomes
available.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220512005657/en/
For D-Wave:
Media Contact: Alan Auyeung AxiCom media@dwavesys.com
Investor Relations Contact: Kevin Hunt
ir@dwavesys.com
For DPCM Capital: Marley Ward mward@hstrategies.com
DPCM Capital (NYSE:XPOA)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
DPCM Capital (NYSE:XPOA)
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부터 12월(12) 2023 으로 12월(12) 2024
