D-Wave and Staque forge strategic partnership

D-Wave and Staque partnership
Image Via: X@D-Wave | Cropped by GBN
By News Desk, GCC Business News

D-Wave Quantum Inc, a premier quantum computing company, has teamed up with Staque, a leading consulting and development practice in AI, blockchain and quantum computing. 

The partnership aims to boost the commercial adoption of annealing quantum computing across the Middle East. Wave and Staque will collaboratively focus on empowering customers to develop and deploy quantum and hybrid quantum applications, which are designed to address enterprise optimization and AI problems.

D-Wave’s quantum computers and hybrid solvers, accessible via D-Wave’s Leap™ quantum cloud service, will enable companies to explore quantum applications that address pressing challenges faced by today’s organizations, including supply chain management, utility grid optimization, portfolio optimization and port optimization.

This collaboration was revealed during Qubits UAE in Dubai, a half-day version of D-Wave’s annual Qubits user conference, which is showcasing “success powered by quantum” through business optimization use cases, progress in quantum-fueled AI technology, and demonstrations of annealing quantum computing performance over classical computing.

The partnership is formed at a perfect time, as countries in the Middle East are centered on diversifying economic sources away from oil production and exports, expanding into areas such as logistics, financial services and advanced technology, according to the International Monetary Fund.

D-Wave and Staque partnership
Lorenzo Martinelli
Chief Revenue Officer – D-Wave

“We believe organizations must embrace today’s advanced technologies such as quantum computing and AI in order to succeed in today’s highly competitive and complex environment. Staque recognizes the transformative impact that annealing quantum computing could have on its customers, and our shared commitment to redefining what’s possible with technology makes this partnership very exciting.”

Dr. Muhammad Khan, CEO and founder of Staque, commented that, “Our team is dedicated to pushing boundaries, embracing new challenges, and creating impactful solutions that drive our customers’ success. By partnering with D-Wave, the world’s first commercial quantum computing company, we’re able to bring incredible computational processing power to bear for our clients, with the intention of helping them take advantage of advanced technology solutions that can drive their businesses forward.”

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