Mentioned:
Italy just got something new: an annealing quantum computer. And D-Wave Quantum is behind it.
What’s happening:
- D-Wave Quantum (NASDAQ: QBTS) has successfully delivered their Advantage2 annealing quantum computing to Como, Italy
Why it matters:
- D-Wave Quantum has publicly stated that this is Italy’s first annealing quantum computer
Going deeper:
- The Advantage2 annealing quantum computer is being installed at Villa Saporiti in Como, Italy as part of he Q-Alliance quantum computing initiative
- D-Wave Quantum has structured the deal as a five-year, €10M quantum computing-as-a-service agreement that gives Swiss Quantum Technology 50% of Advantage2’s capacity and the option to purchase the system outright
The intrigue:
- AT&T (NYSE: T) and D-Wave Quantum previously made major waves on Wall Street when they formed a new partnership to expand At&T’s use of D-Wave Quantum’s annealing quantum computing technology to solve complex optimization challenges throughout AT&T’s network operations
