D-Wave CEO on Quantum Computers’ Role in Finance and Drug Discovery

 

October 4, 2014
Vern Brownell, CEO of D-Wave Systems, answers questions about its customers and quantum machines’ readiness for real-world applications. Brownell highlights 1QBit’s work exploring and developing these applications and DNA-Seq’s efforts in cancer therapy.

“1QBit was started to use our quantum computer for financial services. They have 20 PhDs developing algorithms in portfolio optimization and things like that. If they find the amazing algorithm that is going to make tons of money for Wall Street traders, it’s their intellectual property, not ours.”

– Vern Brownell, CEO, D-Wave Systems

MIT Technology Review article

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