D-Wave partners with NEC to build hybrid HPC and quantum apps

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Summary

D-Wave Systems announced a partnership with Japanese industrial giant NEC today to build what they call “hybrid apps and services” that work on a combination of NEC high-performance computers and D-Wave’s quantum systems. D-Wave’s chief product officer and EVP of R&D, Alan Baratz, whom the company announced this week will be taking over as CEO effective January 1st, says the company has been able to do a lot of business in Japan, and the size of this deal could help push the technology further. “Our collaboration with global pioneer NEC is a major milestone in the pursuit of fully commercial quantum applications,” he said in a statement. The two companies will also work together with NEC customers to build applications that will take advantage of this hybrid approach. “Quantum computing development is critical for the future of every industry tasked with solving today’s most complex problems.

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D-Wave Systems
$5M to $10M
NEC Corporation
$250M to $500M