FAQ: Swiss Quantum Technology's €10M D-Wave Advantage2 Quantum Computer Deployment

What is the main announcement in this press release?

D-Wave Quantum Inc. has signed an agreement with Swiss Quantum Technology SA to deploy a D-Wave Advantage2 annealing quantum computer in Europe through a €10 million multi-year QCaaS commitment, with an option for SQT to purchase the system.

Why is this agreement significant for quantum computing in Europe?

This deployment supports Italy’s newly formed Q-Alliance initiative focused on establishing Italy’s quantum leadership and represents an important milestone in expanding global access to annealing quantum computers for solving complex computational problems.

How will customers access the Advantage2 quantum computer?

The Advantage2 system will be accessible to customers via D-Wave’s Leap real-time quantum cloud service, which offers 99.9% availability and uptime for quantum computing applications.

What are the technical specifications of the Advantage2 system?

The Advantage2 system features D-Wave’s most advanced quantum processor with 4,400+ qubits, designed as a powerful and energy-efficient quantum computer capable of solving complex computational problems beyond the reach of classical computers.

Who are the key organizations involved in this agreement?

The agreement involves D-Wave Quantum Inc. (NYSE: QBTS) as the quantum computing provider and Swiss Quantum Technology SA as the funding and deployment partner, supporting Italy’s Q-Alliance initiative.

What type of quantum computing technology does D-Wave provide?

D-Wave is the only company building both annealing and gate-model quantum computers, with this deployment specifically featuring their annealing quantum computing technology designed for production-grade applications.

What is the financial commitment involved in this agreement?

The agreement represents a €10 million multi-year QCaaS (Quantum Computing as a Service) commitment from Swiss Quantum Technology SA, with an option to purchase the Advantage2 system.

How does D-Wave describe the current state of their quantum computing services?

D-Wave states they have over 200 million problems submitted to their quantum systems to date, with more than 100 organizations using their technology for optimization, artificial intelligence, research, and other computational challenges.

Where can readers find more detailed information about this announcement?

The full press release can be viewed at https://ibn.fm/h9GAC, and more information about D-Wave Quantum Inc. is available at www.dwavequantum.com.