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D-Wave CEO Reveals a Powerful Quantum Moat Investors May Be Missing

D-Wave CEO Alan Baratz explains why annealing quantum computing is already commercial, what investors should track, and how gate-model technology could expand its long-term opportunity.
Rick Orford Written by: Rick Orford
Mike Reyes Edited by: Mike Reyes
Last Updated August 25, 2026
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D-Wave (NYSE:QBTS) is trying to turn quantum computing from an experiment into business infrastructure. In this interview, CEO Alan Baratz details production use cases, a $10 million enterprise license, and a cloud model he says can scale far beyond current revenue. The upside case depends on whether those early wins multiply.

A portion of this video is sponsored by Simply Wall St. Dividend Aristocrats® is a registered trademark of Standard & Poor’s Financial Services LLC. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this video. This video is for educational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions.

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