Top 10 Trending AI News On Wall Street’s Radar

7. D-Wave Quantum Inc. (NYSE:QBTS)

Number of Hedge Fund Holders: 6

D-Wave Quantum Inc. (NYSE:QBTS) is the parent company of D-Wave Systems and DPCM Capital. The company works to advance quantum AI computing systems, software, and services to improve optimization capabilities of annealing quantum computing for clients to develop energy-efficient AI and ML workloads. D-Wave Quantum Inc.’s (NYSE:QBTS) quantum computers enable clients to address real-world business hurdles across industries like logistics, AI, materials science, and drug discovery.

On February 18th, D-Wave Quantum Inc. (NYSE:QBTS) and Staque, a top consulting leader in AI, blockchain, and quantum computing, announced they have jointly built a commercial hybrid-quantum application that simulates and streamlines the movements of autonomous agriculture vehicles at scale. The companies expect the solution to speed up autonomy in agriculture and optimize agricultural operations in real-time.

“We believe that nearly every industry can benefit from the computational power of quantum optimization, and we’re excited to see one of the first hybrid-quantum applications related to agriculture. As farmers increasingly adopt autonomous agriculture machines to scale and increase the output of their fields, we believe quantum computing can provide the analysis, speed, and accuracy necessary to maximize production and minimize costs.”

-said Dr. Alan Baratz, CEO of D-Wave Quantum Inc.