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D-Wave Quantum Reports Significant First Quarter Growth with Record Revenue and Cash Balance

Summary by citybuzz.co
Quantum computing company D-Wave Quantum Inc. (NYSE: QBTS) reported exceptional financial results for the first quarter of 2025, demonstrating substantial growth and technological advancement in the emerging quantum computing sector. The company recorded a remarkable 509% revenue increase, reaching $15 million in the first quarter. This significant growth was accompanied by the first sale of an Advantage annealing quantum computer and the public…
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Blockchain Company broke the news in on Monday, May 12, 2025.
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