Since October 2024, quantum computing pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have skyrocketed by up 3,290%! Although quantum computing is an up to $850 billion global addressable opportunity (by 2040), investors may have bit off more than they can chew.
Quantum computing may revolutionize financial risk analysis, drug discovery, and artificial intelligence, but the technology will not be useful to most enterprises for at least a decade. The quantum computing market is projected to reach $4.2 billion in 2030, at which point it will still be 425 times smaller than the artificial intelligence market.
D-Wave Quantum Inc. reported nearly 100% YoY revenue growth, reaching $3.74 million in Q3, signaling accelerating commercial quantum adoption. Over 100 organizations run production workloads, with clients achieving measurable ROI across manufacturing, logistics, public safety, and pharmaceuticals. D-Wave's revenue model spans QCaaS, professional services, and system sales, including a €10 milli...
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, and Quantum Circuits Inc. (“Quantum Circuits”), a leading developer of error-corrected superconducting gate-model quantum computing systems, today announced that the compan...
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