D-Wave Stock Soars as Breakthrough Quantum Platform Hits the Market

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D-Wave Quantum (NYSE:QBTS) shares climbed more than 25% on Tuesday morning after the company made its Advantage2 quantum computing system generally available.

The sixth-generation platform is designed to tackle problems that exceed the capabilities of even the largest classical supercomputers. Advantage2 offers over 4,400 quantum bits, or qubits, units that can represent multiple states simultaneously, and more than 40,000 couplers, which link qubits together, with 20-way connectivity to enhance processing flexibility.

CEO Alan Baratz described the launch as a milestone not just for D-Wave, but for the quantum computing industry, noting that the new system allows customers to explore complex computations previously out of reach. He added that Advantage2 is already helping users realize value from quantum computing right now.

The platform is accessible via D-Wave's quantum cloud service in over 40 countries, enabling businesses, research institutions and government agencies to run advanced quantum workloads without on-premises hardware.

As quantum adoption grows, D-Wave aims to solidify its position in the emerging market by offering scalable, cloud-based access to its most powerful system yet.

This article first appeared on GuruFocus.