Alan Baratz (@Alan

Alan Baratz

940 posts

Alan Baratz

@Alan_Baratz

CEO of @dwavequantum NYSE: $QBTS Sharing thoughts on how quantum computing can improve your business operations today. CEO of @dwavequantum

Joined February 2023

Alan Baratz
@Alan_Baratz
Jan 8, 2025
Jensen Huang has a misunderstanding of quantum. While he might be right about other quantum companies, he is dead wrong about D-Wave. There is more than one approach to building a quantum computer. D-Wave took a different approach, which has allowed us to become commercial today
Alan Baratz
@Alan_Baratz
Mar 21, 2025
While D-Wave was excited to participate in the Quantum Day discussion at #GTC25 yesterday, I was shocked that @nvidia dismissed the significant impact #quantum is already having on the computing industry. D-Wave’s quantum computers are not instruments. Our Advantage2 quantum
Alan Baratz
@Alan_Baratz
May 20, 2025
It’s a historic day for D-Wave and for the #quantum computing industry. Today we announced the general availability of our Advantage2 quantum computer. It is the most advanced, performant quantum system that D-Wave has ever developed, and we’re so excited to get it into the hands
Alan Baratz
@Alan_Baratz
Mar 12, 2025
Today is a monumental day for D-Wave. The esteemed journal Science has published our peer-reviewed paper which shows the first true demonstration of quantum supremacy on an important and useful problem. What took D-Wave’s system minutes to achieve would take the Frontier
Alan Baratz
@Alan_Baratz
Mar 20, 2025
Excited to share that today we introduced a new #quantum #blockchain architecture that leverages our recent quantum supremacy achievement. Our new research shows that our quantum computers could significantly lower the electricity needed to run blockchain. Using quantum
Alan Baratz
@Alan_Baratz
Oct 27, 2025
Last week Google announced an important breakthrough with its Willow #quantum chip, showing out-of-time-order correlation measurements that are not practical to do with classical computers. An impressive accomplishment and an example of continued innovation in the industry. That
Beyond Classical | D-Wave
From dwavequantum.com
Alan Baratz
@Alan_Baratz
May 8, 2025
Today we announced Q1 FY25 #earnings. Record revenue of $15.0 million for the quarter. Record quarterly GAAP gross profit of $13.9 million. Record quarter end cash position of $304.3 million. One of the most significant quarters in our company’s history. $QBTS
Alan Baratz
@Alan_Baratz
Feb 20, 2025
Tech leaders continue to pontificate about when useful #quantum computers will be available – Google predicting 5-10 years, PsiQuantum claiming 2 years. Let me be clear. Useful quantum systems are available now, and D-Wave is delivering them. 100+ organizations trust us with
Alan Baratz
@Alan_Baratz
Mar 12, 2025
Let me be clear, as there seems to be confusion and misleading claims around our computational supremacy work that Science published in a peer-reviewed paper today. We have shown quantum supremacy on complex materials simulation problems. This is a first for the industry. Other
Alan Baratz
@Alan_Baratz
Jan 14, 2025
Continuing to educate the market about D-Wave’s unique approach to #quantum and our first mover advantage in driving commercial adoption. Our tech is solving important customer problems today. Loved sharing more on @YahooFinance and Bloomberg @technology today! $QBTS
Alan Baratz
@Alan_Baratz
Jan 22, 2025
Today we introduced the new Leap Quantum LaunchPad program to accelerate the adoption of quantum computing. Now is the time to incorporate quantum into your organization’s compute infrastructure, and we’re making it as easy as possible to get started. $QBTS
Alan Baratz
@Alan_Baratz
Jan 23, 2025
Big day for D-Wave, as we completed the sale of $150 million in common stock under the recently announced ATM program, resulting in a current cash balance of approximately $320 million. This funding will support continued technical development and go-to-market initiatives, and we
Alan Baratz
@Alan_Baratz
Mar 19, 2025
Big day tomorrow, as I take the stage at @NVIDIA’s Quantum Day event at #GTC2025. I will share my thoughts on the current state of quantum computing and why customers around the world trust us to solve their most computationally complex problems right now. They don’t have to wait
Alan Baratz
@Alan_Baratz
Jan 13, 2025
2024 bookings to exceed $23 million, up approx. 120% YoY. First customer sale of an Advantage system. Record cash position of approx. $178 million at 2024 year-end. I believe the world is quickly recognizing D-Wave’s leadership in driving the commercialization of #quantum. $QBTS