D-Wave Quantum Reports 41% Surge in QCaaS Revenue

Palo Alto, Thursday, 14 November 2024.
D-Wave Quantum Inc. announced a 41% year-over-year increase in QCaaS revenue for Q3 2024, reaching $1.6 million. Despite overall revenue declining 27% to $1.9 million, the company’s quantum computing services show strong growth potential in commercial applications.