Canadian quantum computing startupD-Wavetoday announced its intent to go public.
Its beyond the scope of this article to discuss the financial ramifications of the deal.
Once the ink dries and everythings approved, that picture will start to come into focus.
Instead, lets lay out what this means for big business and the field of quantum computing.
Whats a D-Wave?
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That all sounds awesome.
Theres a lot of debate as to what constitutes a legitimate quantum computing system.
And even more over whether anything demonstrated so far actually qualifies.
Arguably,neither really has.
Canada, for example, will soon receive itsfirst universal quantum computing system courtesy of IBM.
But D-Waves been building quantum computers in Canada since the company was founded in 1999.
The short version of an explanation would be that quantum computing is a moving target thats dependent on context.
Were talking about things like optimizing shipping at massive scale or creating ultra-efficient and safe factory environments.
Whats this mean for big business?
D-Waves always been a bit of a hybrid itself.
What does this mean for the field of quantum computing?
Our first question was: how will this impact D-Waves work in the field of quantum computing research?
Neural reached out to D-Wave to ask about its future research endeavors.
We expect that the transaction will further expand our relationship with this important community.
But were not talking about a heads-up battle, such as iOS competing with Android.
The companies working in this space have to provide fine-tuned, bespoke solutions for their clients.
Yet, its almost certain that todays deal is a net positive for the entire industry.
As we like to say here at Neural: a rising tide lifts all vessels.
However, its not all good news.
For those who are late to this party, theres one less trophy to be earned.
