D-Wave Challenges Nvidia's Timeline as Quantum Bookings Soar 120%
Driven by the first sale of its Advantage annealing quantum computing system, D-Wave Quantum Inc. ( NYSE:QBTS) had its fiscal 2024 bookings jump 120% to almost $23 million. This represents a significant advance with D-Wave is broadening its revenue model to include on-site solutions in addition to its current cloud offerings.