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https://ir.dwavesys.com/news/news-details/2025/Beyond-Classical-D-Wave-First-to-Demonstrate-Quantum-Supremacy-on-Useful-Real-World-Problem/default.aspx

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$D Wave Quantum On March 12, 2025, D-Wave Quantum Inc. (“D-Wave”) announced a scientific breakthrough published in the esteemed journal Science, confirming that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery. The new landmark peer-reviewed paper, “Beyond-Classical Computation in Quantum Simulation,” validates this achievement as the world’s first and only demonstration of quantum computational supremacy on a useful problem. An international collaboration of scientists led by D-Wave performed simulations of quantum dynamics in programmable spin glasses—computationally hard magnetic materials simulation problems with known applications to business and science—on both D-Wave’s Advantage2TM prototype annealing quantum computer and the Frontier supercomputer at the Department of Energy’s Oak Ridge National Laboratory. The work simulated the behavior of a suite of lattice structures and sizes across a variety of evolution times and delivered a multiplicity of important material properties. D-Wave’s quantum computer performed the most complex simulation in minutes and with a level of accuracy that would take nearly one million years using the supercomputer. In addition, it would require more than the world’s annual electricity consumption to solve this problem using the supercomputer, which is built with graphics processing unit (GPU) clusters. According to D-Wave’s CEO, Dr. Alan Baratz, this demonstration of quantum computational supremacy on a useful problem is an industry first; all other claims of quantum systems outperforming classical computers have been disputed or involved random number generation of no practical value. He further states that this achievement shows, without question, that D-Wave’s annealing quantum computers are now capable of solving useful problems beyond the reach of the world’s most powerful supercomputers. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.