D-Wave CEO: U.S. investment accelerates our ability to scale quantum innovation

Watch on YouTube ↗  |  May 21, 2026 at 18:29  |  3:54  |  CNBC
Speakers
Alan Baratz — CEO, D-Wave Quantum
Kelly Evans — Anchor, The Exchange (CNBC)

Summary

D-Wave Quantum CEO Alan Baratz discusses the $100M U.S. government equity investment in his company, which he says will accelerate the scaling of quantum computing products. He addresses concerns about efficiency and emphasizes the endorsement's importance for U.S. quantum leadership.

  • U.S. government invests $100M in D-Wave for an equity stake.
  • CEO says investment will accelerate time to market for scaled quantum products.
  • D-Wave shares surged 27% on the announcement.
  • CEO highlights endorsement validates both annealing and gate-model technologies.
  • He argues the company still needs to raise the remaining 75% of funds efficiently.
  • Partnership aims to boost U.S. leadership in quantum computing.
Trade Ideas
Alan Baratz CEO, D-Wave Quantum 1:04
Government investment accelerates D-Wave scaling.
The $100M U.S. government equity investment in D-Wave is a significant endorsement that will accelerate the company's ability to bring scaled versions of its annealing and gate-model quantum computing products to market by several years, enhancing its competitive position.
QBTS HIGH
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This CNBC video, published May 21, 2026, features Alan Baratz discussing QBTS. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Alan Baratz  · Tickers: QBTS