D-Wave’s CEO, Alan Baratz, Discusses Quantum Computing

Quantum computing has been one of the hottest investment topics in the past two months and three of the leading listed companies in the space are de-SPACs. But, how close is quantum computing to generating real value and what capabilities are still years away?

This week, we speak with Alan Baratz, CEO of D-Wave (NYSE:QBTS), which went public in a business combination with DPCM Capital in 2022. Alan explains how D-Wave’s quantum computers are already doing commercial work and generating revenue by solving complex business optimization problems for clients.

He also gives a primer on what investors should look for in the quantum industry news as they try to parse real progress from incremental research.

How did D-Wave itself emerge from a post-listing capital crunch to announce record bookings in 2024 and start out 2025 with over $300 million in cash on hand?

Give it a listen.