Key Points D-Wave’s share price increased by more than 1,000% over a 12-month span ranging from late 2024 through 2025. The company surpassed 100 customers and continues to grow revenue. Quantum computing’s commercial viability largely remains to be seen, but potential market size could top $100 billion in the next decade. These 10 stocks could mint the next wave of millionaires › For a second, let's assume the commercial uses for quantum computing take off spectacularly. In this hypothetical, in ...

Core Insights - D-Wave Quantum has experienced significant growth, with its stock rising over 2500% in one year, reaching new all-time highs [11][1] - The company launched its latest quantum computer, Advantage 2, which is considered the largest and most powerful quantum computer globally [2][3] - D-Wave has successfully transitioned customers from proof of concept to production, integrating quantum computing into daily business operations [4] Business Developments - D-Wave's Advantage 2 has solved real-world problems that classical computers cannot, marking a significant milestone in the quantum computing industry [3] - The company has expanded its business model to include both cloud-based services and on-premise systems, with notable clients like the Ullet Supercomputing Center in Germany [4] - D-Wave currently holds over $800 million in cash, providing liquidity for potential acquisitions to accelerate growth [4][13] Applications and Industry Impact - Businesses are utilizing D-Wave's quantum computers to solve complex computational problems more efficiently, such as optimizing cell tower resources and automotive assembly processes [6][7] - Quantum computing is seen as complementary to AI, with potential to enhance AI model training and reduce power consumption significantly [9][10] - The company aims to develop even larger quantum systems, with a roadmap for a next-generation system featuring over 100,000 qubits [12][13] Market Position and Future Outlook - D-Wave is focused on driving new applications into the marketplace and enhancing support for AI and machine learning [12][13] - The company is open to exploring mergers and acquisitions to further its growth strategy [12][13] - Industry leaders are increasingly recognizing the importance of quantum computing, indicating a shift in perception and potential for future collaboration [14]