AT&T expands use of D-Wave’s quantum computing tech, cutting network optimization processing time by 240x in a pilot program.
Shares of D-Wave Quantum (QBTS) climbed after AT&T announced an expanded partnership to deploy its quantum computing technology across network operations. The deal builds on a pilot that reduced processing time for a workload from one hour to 15 seconds, a 240x improvement.
D-Wave’s stock has struggled in 2026, down over 26% amid broader investor skepticism toward quantum computing. The industry saw a surge in 2025 but lost momentum as commercial viability remained unproven. The AT&T agreement adds credibility to D-Wave’s annealing quantum computing approach.
The company reported $42 million in remaining performance obligations, a 563% year-over-year increase. While still speculative, the deal and RPO growth may signal traction for D-Wave’s technology among enterprise clients.