IBN Announces Latest Episode of The Bell2Bell Podcast Featuring Return of Dr. Alan Baratz, CEO of D-Wave Quantum Inc.
LOS ANGELES, Feb. 22, 2023 (GLOBE NEWSWIRE) — via InvestorWire — IBN, a multifaceted communications organization dedicated to connecting public companies with the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its ongoing efforts to provide specialized content distribution through widely used syndication channels.
The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives from fast-moving industries. Bell2Bell’s latest podcast features the return of Dr. Alan Baratz, CEO of D-Wave Quantum Inc. (NYSE: QBTS), a leading provider of quantum computing systems, software and services.
At the beginning of the interview, Baratz gave a refresher on the company’s business model, including a brief introduction to quantum computing.
“D-Wave is a quantum computing systems, software and services company. We design, develop and provide quantum computers. We provide the software to program these quantum computers. We provide the cloud services to access the quantum computers, and we offer professional services to help our customers build their applications using the quantum systems,” said Baratz. “Quantum computers are computers that use quantum mechanical effects – things like superposition, entanglement or tunneling – to solve computationally intensive problems faster or better than they can be solved with traditional computers.”
“Quantum computers can be used to solve both revolutionary and evolutionary applications. Revolutionary uses are things like designer drugs, where they could create a drug for you that specifically addresses the problems you have. Another example is global weather modeling. These are applications that will have a profound impact on society in the future. Evolutionary applications are things like employee scheduling, loading and unloading of freight containers or fraud detection. These are problems that companies are solving today, but today’s computing power is not sufficient to optimally solve these problems. Quantum computing will allow companies to solve them better and/or faster than they are doing today.”
Baratz then discussed the factors that differentiate D-Wave from its competitors in the quantum computing space.
“D-Wave has decided to start with a very different and unique approach to quantum computing compared to anyone else in the quantum industry. Specifically, we have decided to start with the so-called “annealing” of quantum computers… We are the only company in the world that builds and makes available “annealing” quantum computers,” explained Baratz. “Annealing systems are much easier to work with — easier to scale, much less sensitive to noise and errors, and much easier to program than gate model systems (the other approach to quantum computing). As a result of all this, we are the only truly commercial quantum computing company today. We have customers like Mastercard, PayPal, GlaxoSmithKline, Johnson & Johnson and Volkswagen working on real business applications that use our quantum computing to benefit their business operations.”
Join IBN’s Stuart Smith and Dr. Alan Baratz, CEO of D-Wave Quantum Inc. (NYSE: QBTS) to learn more about the company’s successful initiatives and projects and their impact on the quantum computing space at large.
To hear the episode and subscribe to future podcasts, visit https://podcast.bell2bell.com.
The latest edition of The Bell2Bell Podcast continues to reinforce IBN’s commitment to expanding its robust network of brands, customer partners, followers and growth IBN Podcast Series. For more than 17 years, IBN has leveraged this commitment to provide unparalleled sales and enterprise messaging solutions Over 500 public and private companies.
To learn more about IBN’s achievements and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About D-Wave Quantum Inc.
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software and services. It is the world’s first commercial quantum computer vendor – and the only company to make both glow quantum computers and gate-model quantum computers. The company’s mission is to unleash the power of quantum computing today for the benefit of business and society. It does this by delivering customer value with practical quantum applications to problems as diverse as logistics, artificial intelligence, materials science, drug discovery, scheduling, cybersecurity, failure detection, and financial modeling. D-Wave technology is used by some of the world’s most progressive organizations including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory.
For more information, please visit the company’s website at www.DWaveSys.com
About IBN
IBN consists of financial brands that have been presented to the investment public for over 17 years. With IBN we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to meet the unique needs of a growing client-partner base. IBN will continue to grow our branded network of influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified client list.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on beliefs and assumptions and information currently available. In some cases, you can identify forward-looking statements by the following words: “may”, “will”, “could”, “would”, “should”, “expect”, “intend”, “plan”, “anticipate”. ‘, ‘believe’, ‘estimate’, ‘predict’, ‘project’, ‘potential’, ‘continue’, ‘ongoing’ or the negative of such terms or other similar terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that could cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known to us and our projections for the future, which involve a number of risks. Forward-looking statements in this press release include, but are not limited to, the ability of quantum computing to solve revolutionary applications and the potential impact of quantum computing on society. We cannot assure you that the forward-looking statements contained in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors discussed in the “Risk Factors” and “Caution Regarding Forward-Looking Statements” sections of the Company’s Registration Statement on Form S-1 (SEC File No. 333-269732) filed with the SEC on February 13, 2023, and factors related to companies, such as D-Wave, engaged in the quantum computing business, including anticipated trends, growth rates and challenges in those companies and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of anticipated business or financial milestones; unforeseen technological or project development challenges, including in relation to the cost and/or timing thereof; the performance of our products; the impact of competition on our business; the risk that we must raise additional capital to implement our business plan that may not be available on acceptable terms or at all; the risk that we may never become profitable or be consistently profitable; the risk that we cannot secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not remain listed on the NYSE; changes in applicable laws and regulations; the impact of pandemics, geopolitical events, natural disasters, war or acts of terrorism on our business or the economy generally; and the effects of inflation. In addition, if the forward-looking statements contained in this press release prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. Given the significant uncertainties inherent in these forward-looking statements, you should not place undue reliance on these statements when making any investment decision, or consider these statements as a representation or guarantee by any person that we will achieve our goals and plans at any time, within the framework of, or at all. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will change our views. Although we may decide to update these forward-looking statements at some point in the future, we do not intend to do so at this time, except as required by applicable law. Therefore, you should not rely on these forward-looking statements as representing our views at any time after the date of this press release.
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