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D-Wave and Zapata AI Announce Strategic Technical and Commercial Collaboration to Advance Quantum-Enabled Machine Learning
Tuesday, February 13, 2024Company Profile | Follow Company
Partnership brings together powerful generative AI and quantum computing technologies focused on building applications for accelerating new discoveries and solving complex optimization problems
Burnaby, BC, February 12, 2024--(T-Net)--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, and Zapata Computing, Inc. (operating as Zapata AI), an Industrial Generative AI software company, have announced a multi-year strategic partnership to develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies.
Zapata AI develops solutions and applications to solve enterprises' difficult, industrial-scale problems.
The new partnership centers on joint technical development and commercial deployment of applications for customers faced with computationally complex problems.
Using quantum-enabled machine learning algorithms, these applications will leverage the power of D-Wave's quantum technologies, which have been proven to perform coherent quantum annealing with 5,000+ qubits, pushing beyond the boundaries of what is possible with today's classical computers. The results of this collaboration will initially focus on building quantum generative AI models that accelerate the discovery of new molecules.
Bringing together the deep technical expertise of two industry leaders in quantum computing and generative AI, this collaboration gives Zapata AI access to D-Wave's powerful Advantage annealing quantum computing systems, quantum-hybrid solvers, and development resources.
The companies anticipate this joint effort will accelerate commercial application development as well as provide the production access and resources to take these applications to Zapata's customers. The collaboration also supports joint go-to-market efforts that will include the exclusive availability of the commercial applications via a solver hosted in D-Wave's Leap™ real-time quantum cloud service.
"We're thrilled to work with our long-time partner D-Wave to bring together the power of our generative AI software with D-Wave's annealing quantum computing technologies to develop industrial grade machine learning applications," said Dr. Christopher Savoie, CEO and co-founder of Zapata AI. "By combining forces, we are accelerating quantum plus AI development that we believe will unlock previously unattainable value for customers."
Alan Baratz, Chief Executive Officer, D-Wave Quantum Inc.
"Our agreement with Zapata AI marks a significant step toward realizing the potential of combining two of today's most transformative technologies — generative AI and quantum computing — to help tackle our society's most computationally complex problems," said Dr. Alan Baratz, CEO of D-Wave. "Our companies share a common vision — to accelerate exploration, adoption, and commercial use of emerging technologies to fuel innovation and transformation. Together, we believe D-Wave and Zapata AI will usher in the commercial era of quantum machine learning."
About Zapata AI
Zapata AI is an Industrial Generative AI company, revolutionizing how enterprises solve complex problems with its powerful suite of Generative AI software. By combining numerical and text-based solutions, Zapata AI empowers industrial-scale commercial, government and military/defense enterprises to leverage large language models and numerical generative models better, faster, and more efficiently delivering solutions to drive growth, savings and unprecedented insight.
With proprietary science and engineering techniques and the Orquestra® platform, Zapata AI is accelerating Generative AI's impact in Industry. The Company was founded in 2017 and is headquartered in Boston, Massachusetts. On September 6, 2023, Zapata AI entered into a definitive business combination agreement with Andretti Acquisition Corp. (NYSE: WNNR).
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers.
Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modelling.
D-Wave's technology has been used by some of the world's most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.
This press release contains forward-looking statements that are based on beliefs and assumptions, and on information currently available. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. [ MORE ] |
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