news

D-Wave CEO Sells Shares Amid Financial Struggles

D Wave's Double Edged Sell: A Cautionary Tale for Quantum Enthusiasts The recent sale of 52,320 shares by D Wave Quantum CEO Alan Baratz has sent ripples through the quantum computing community.

On its surface, the transaction appears to be a routine exercise in corporate finance, with Baratz fulfilling tax withholding obligations triggered by the vesting of restricted stock units (RSUs).

However, as investors and fans of the pioneering company dig deeper, they may uncover a more nuanced picture. D Wave has struggled with profitability since its inception. Despite generating $12.

Read the full story

Read on Pulseq →