D-Wave Announces First Quantum Computing Event in UAE to Showcase Enterprise Applications

D-Wave Quantum Inc., a leader in quantum computing systems, software and services, announced it is holding the first-ever Qubits UAE 2024 quantum computing event in Dubai. The company is hosting the event with Staque, a leading consulting and development practice in AI, blockchain and quantum computing, with support from Staque's regional partner SquareOne. Scheduled for September 20, 2024, Qubits UAE will showcase success powered by quantum today through real-world business optimization use cases, progress in quantum-driven AI technology, and demonstrations of annealing quantum computing performance over traditional computing.

Dr. Alan Baratz, CEO of D-Wave, commented on the significance of this development, stating that annealing quantum technology is transitioning from exploration to enterprise use, capable of driving measurable impact for customers today. The company is 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. This event represents a crucial milestone in demonstrating practical quantum applications that can benefit various sectors including logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling.

The announcement underscores D-Wave's position as the world's first commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. The company's technology has been utilized by some of the world's most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For additional information about the company's developments, investors can visit https://ibn.fm/QBTS.

This event marks an important step in bringing quantum computing capabilities to the Middle East region, particularly in the United Arab Emirates, which has been actively investing in advanced technologies. The collaboration with local partners Staque and SquareOne demonstrates D-Wave's commitment to expanding quantum computing accessibility and education globally. The practical demonstrations and real-world use cases presented at Qubits UAE 2024 will provide valuable insights into how quantum computing can solve complex optimization problems that traditional computing methods struggle with efficiently.