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IBN Coverage: D-Wave (NYSE: QBTS), Staque Join Forces to Advance Annealing Quantum Computing Adoption in Middle East

This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.

 

LOS ANGELES, CA - (NewMediaWire) - October 1, 2024 - D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced a new strategic partnership with Staque, a leading consulting and development practice focused on AI, blockchain and quantum computing, designed to step up the commercial adoption of annealing quantum computing across the Middle East (https://ibn.fm/TNAND).

 

      The strategic partnership between D-Wave and Staque aims to accelerate the commercial adoption of annealing quantum computing solutions in the region.

      The two companies will leverage D-Wave’s quantum computers and hybrid solvers to help customers develop and deploy quantum and hybrid quantum applications to address enterprise optimization and AI problems.

      The partnership was revealed at the first-ever Qubits UAE event in Dubai, which was organized jointly by D-Wave, Staque, and Staque’s regional partner, SquareOne.

The partnership was unveiled at the first-ever Qubits UAE event, which D-Wave organized in collaboration with Staque and Staque’s partner in the region, SquareOne, a leading provider of business transformation technologies in the Middle East and Africa. Held in Dubai on September 20, 2024, Qubits UAE featured…

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Forward-Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the Company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the Company’s Quarterly Reports on Form 10-Q and in the Company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

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