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D-Wave Quantum Inc. (NYSE: QBTS) Hosting First-Ever Qubits Event in UAE
September 19, 2024

D-Wave Quantum Inc. (NYSE: QBTS) Hosting First-Ever Qubits Event in UAE

  • Qubits UAE 2024 will showcase success powered by quantum, featuring various real-world optimization use cases, quantum AI technology progress, and annealing quantum computing demonstrations.
  • The event will be held in Dubai on September 20.
  • Qubits UAE is organized jointly by D-Wave, Staque, and Staque’s regional partner SquareOne.
  • CEO Dr. Alan Baratz said the three companies were honored to host the event and show UAE-based organizations the transformative potential annealing quantum computing can have in the country.

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, is organizing the first Qubits quantum computing event in the United Arab Emirates. According to a company announcement, the first-ever Qubits UAE 2024 is taking place in Dubai on September 20 (https://ibn.fm/1dCpA).

The UAE event follows D-Wave’s flagship Qubits user conference organized earlier this year and will feature specially curated content from that event. The Qubits conference, held on June 17-18 in Boston, focused on how quantum can deliver significant benefits to organizations today and included multiple panels and demonstrations of real-world quantum applications across logistics and manufacturing, government, life sciences, financial services, and other sectors.

The goal of Qubits UAE 2024 is to showcase “success powered by quantum today” by highlighting real-world optimization use cases, progress in quantum-fueled artificial intelligence technology, and demonstrations of annealing quantum computing performance over classical computing.

The first edition of Qubits UAE is co-organized by D-Wave and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, with the support of Staque’s regional partner, SquareOne, a leading provider of business transformation technologies in the Middle East and Africa.

Staque CEO Dr. Muhammad Khan explained that his company’s business solutions are unique in how they are synthesized with AI, quantum computing and advanced optimization. “We are fortunate to have D-Wave’s mature quantum computing technology that enables commercial applications today,” said Dr. Khan. “UAE, and GCC, is a strategic market for us due to our roots and partnerships in the region, particularly with SquareOne.”

SquareOne CEO Vinod Philip also welcomed the collaboration with D-Wave and Staque, underlining that this is in line with SquareOne’s approach to help organizations enhance their potential by partnering up with tech leaders and providing clients with digital vision and implementation complete with the firm’s expertise and domain knowledge. “Bringing solutions co-developed with Staque and powered by D-Wave to our customer base in the UAE and GCC could save them millions and allow us to maintain our innovation leadership status,” Philip added.

D-Wave CEO Dr. Alan Baratz also voiced appreciation for the collaboration with Staque and SquareOne to organize Qubits UAE 2024. “We’re witnessing a remarkable moment in computing, as annealing quantum technology transitions from exploration to enterprise use, capable of driving measurable impact for customers today,” said Dr. Baratz. “We’re honored to host Qubits UAE 2024 with Staque and SquareOne to show UAE-based organizations the transformative potential annealing quantum computing can have on both commercial and research endeavors in the country.”

Qubits UAE 2024 is available by invitation-only. Interested parties can email [email protected] for further details.

For more information, visit the company’s website at www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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