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D-Wave CEO says quantum computing is already past its ChatGPT moment

Francisco Velasquez

Wed, April 15, 2026 at 11:42 PM GMT+2 3 min read

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D-Wave Quantum (QBTS) CEO Alan Baratz says his company has already had the splashy moment OpenAI (OPAI.PVT) experienced with the launch of ChatGPT in 2022.

"We've already passed that in the sense that our quantum computers have been used to solve problems that cannot be solved classically, full stop," Baratz told Yahoo Finance at the Semafor World Economic Summit.

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Baratz credits the breakthrough to quantum annealing, a specialized method designed to find the single most efficient solution among billions of possibilities. While traditional computers struggle with scale, D-Wave's tech is already being used for workforce scheduling, cellular networks, and pharmaceutical supply chains.

For these kinds of tasks, Baratz notes that Global 2000 companies, including Volkswagen (VOW3.DE) and Lockheed Martin, are integrating quantum into daily operations. Lockheed Martin was the first company to buy a commercial quantum computer back in 2011.

Since then, D-Wave has continued to sign a string of commercial and federal deals. It recently inked a $20 million agreement with Florida Atlantic University (FAU), plus a collaboration with Anduril Industries and Davidson Technologies on US air and missile defense applicatiannealing, we've hit that point. For gate model systems. We're still a few years away from i

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