D-Wave and Staque partner to boost quantum computing in Middle East

On September 19, 2024, D-Wave Quantum Inc. and Staque announced a strategic partnership aimed at enhancing the adoption of annealing quantum computing in the Middle East. This collaboration was unveiled during the Qubits UAE event in Dubai, which highlighted the potential of quantum technology in business optimization and AI advancements. The partnership intends to leverage D-Wave's quantum systems and hybrid solvers via the Leap™ quantum cloud service to tackle complex challenges in various sectors, including supply chain management and financial services. The initiative aligns with the Middle East's broader economic strategy to diversify away from oil dependency, as noted by the International Monetary Fund. By focusing on advanced technologies, the partnership seeks to empower organizations in the region to navigate the complexities of modern business environments. Lorenzo Martinelli, D-Wave's chief revenue officer, emphasized the necessity for organizations to adopt cutting-edge technologies like quantum computing and AI to remain competitive. Staque, recognized for its expertise in AI, blockchain, and quantum computing, aims to utilize this partnership to deliver transformative solutions to its clients. The collaboration is expected to foster innovation and drive the development of practical quantum applications that can address real-world problems. D-Wave, as a pioneer in quantum computing, has a history of working with leading organizations across various industries. This partnership represents a significant step towards integrating quantum technology into the fabric of business operations in the Middle East, potentially reshaping the region's technological landscape.