D-Wave Quantum Shares Rise as AT&T Expands Partnership
On July 27, D-Wave Quantum (QBTS) shares rose following the announcement of an expanded partnership with AT&T. The telecom giant plans to integrate QBTS's annealing quantum computing into its AI tools for optimizing network infrastructure and management. Early trials showed significant improvements in processing times, reducing a key workload from one hour to under 15 seconds. The agreement highlights D-Wave’s ability to provide computational efficiency needed for maintaining large-scale networks like AT&T's 5G and fiber systems. The partnership is seen as commercial validation of QBTS technology at a time when many quantum computing firms are still in early stages of deployment. This development supports the narrative that D-Wave shares have strong potential among peers. Despite today’s rally, QBTS stock remains down over 35% from its recent high but has a Wall Street consensus 'Strong Buy' rating with an average price target near $37 — suggesting nearly 95% upside.
Topics: AI integration quantum computing telecom infrastructure