Core Insights - D-Wave Quantum Inc. is facing significant scrutiny regarding its technology's viability, with claims that its quantum annealer may not match classical solvers' performance until 2054, raising doubts about its quantum advantage [1][2] - The critique highlights that D-Wave's technology has been consistently outperformed by conventional systems and emerging technologies, suggesting a potential dead-end for its current approach [2][6] Performance Comparison - A benchmark study from the Jülich Supercomputing Centre indicates that D-Wave's machine is outclassed by VeloxQ, a conventional solver, leading to concerns about the technology's practical utility [2][3] - D-Wave's latest hardware reportedly underperforms against competitors like Fujitsu's Digital Annealer and even free optimization software such as Gurobi and CPLEX [4] Management and Credibility Issues - The critique accuses D-Wave's management of deceptive practices, including the promotion of a research paper on "Scaling Advantage" that was allegedly discredited shortly after publication [5] - The company failed to qualify for the initial stage of DARPA's Quantum Benchmarking Initiative, indicating a lack of confidence from the U.S. defense research agency in the technology's future [3] Market Performance - Despite the negative analysis, D-Wave's stock (QBTS) experienced a significant rise, with an 11.91% increase on a recent Friday, culminating in a 52.25% rise over the past week and a staggering 2,886.67% increase year-over-year [7]