D-Wave Quantum Secures €10M Deal for Quantum Expansion
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D-Wave Quantum has secured a €10M deal with Swiss Quantum Technology SA to deploy its Advantage2 quantum computer in Europe, supporting Italy's Q-Alliance initiative for digital transformation. The system, with over 4,400 qubits, will be accessible via D-Wave's Leap quantum cloud service. Despite a Hold rating and a $34 price target for QBTS stock, analysts express concerns over the company's financial performance and valuation risks. D-Wave is a leader in quantum computing, offering both annealing and gate-model systems.
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