dwave’overview’ ·...

D-‐Wave Overview Vern Brownell, CEO

© 2014 D-‐Wave Systems Inc. All Rights Reserved 2

About D-‐Wave

Founded in 1999

Raised over $160M in venture funding and

government grants since incepBon

Premier First Customers

High margin, high growth system sales, service and cloud services business

100 US patents granted; over 60 scienBfic papers published


Mission

We help solve the most challenging computing problems in the universe.

Mission planning

Cancer research

Systems OpDmizaDon

Anomaly detecDon

Search for exoplanets


Why Build a Quantum Computer?

•  Solve high-‐value commercial and scienBfic problems that can’t be solved today

•  Solve complex problems orders of magnitude faster

• We have demonstrated 10,000 – 100,000x speedups


Addressable Market

TAM

2014 HPC

Market $12.6B

2014 SupercompuBng

$6.2B

Source: IDC

$10B

Defense/ Gov’t Labs Bioscience

Big Data Universities

Energy/ GeoScience Finance

2014 Big Data Market $16.1B

2014 Servers as % of

Big Data $4.6B


Target Industries

Defense Intelligence NaBonal Labs

UniversiBes

Web

Finance Energy


D-‐Wave TwoTM Quantum Computer

Feature DescripDon

Architecture One 512-‐qubit quantum processor

Power 15.5kW (no increase up to 10,000+ qubits)

Capability Finds opDmal or near-‐opDmal soluDon in a search space of 10154 possibiliDes

ApplicaDons Discrete combinatorial opDmizaDon, arDficial intelligence, machine learning

Quantum co-‐processor

Designed to be used as a “quantum co-‐processor”, complemenDng an HPC system or data analyDcs engine

Scaling 500,000x faster than D-‐Wave One, developed in 2 years


What is a Quantum Computer?

•  Exploits quantum mechanical effects •  Built around “qubits” rather than “bits” • Operates in an extreme environment •  Enables quantum algorithms to solve very hard problems

Quantum Processor


Power and Cooling

•  Closed cycle diluBon refrigerator (“fridge”)

•  Fridge + servers consume 15.5kW

•  Power demand will remain constant as we scale up to thousands of qubits


•  Cooled to 0.02 Kelvin, 150x colder than interstellar space

•  Shielded to 50,000× less than Earth’s magneBc field

• On low vibraBon floor •  168 i/o and control lines from room temperature to the chip

Processor Environment


Mathematical Programming Optimization Benchmarks Median Time to Find Best SoluBon

(Log sc

ale)

Timing Benchmark – Smaller is Bejer

D-‐Wave Two

Commercial solvers


Mathematical Programming Optimization Benchmarks Time to solve 25% of the most complex problems

(Log sc

ale)

Timing Benchmark – Smaller is Bejer

D-‐Wave Two

Commercial solvers


The Most Advanced Quantum Computer in the World

10,000

1,000

100

10 1

Number of

Qubits

D-‐Wave One 128 qubit

D-‐Wave Two 512 qubit

28 qubit 16 qubit

4 qubit

2002 2006 2010 2014


Ranked fourth in patent power for computer systems by IEEE D-‐Wave patents cover broad range of domains •  superconducBng qubits •  quantum processor •  magneBc shielding •  cooling •  sokware •  algorithms


A Brief History

Intellectual Property AggregaDon

Concept and

Design

Science and Engineering

Commercialize and Scale

’99 ‘00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ‘13 ’14 ‘15


Go-‐to-‐Market Model

•  Joint collaboraBon with strategic customers (e.g. Lockheed MarBn, NASA, Google)

•  Focus on key verBcals: –  Defense/Intelligence –

direct and through integrators –  Web 2.0 – image / pajern recogniBon,

machine learning –  NaBonal laboratories –  UniversiBes –  Financial Services – risk modeling, trading

strategies –  Energy

•  Provide broader access via Quantum Cloud


System

D-‐Wave One (128-‐qubits) installed at USC/ISI Q1 2012 D-‐Wave Two (512-‐qubits) Q2 2013

ObjecDve “To solve hugely enormous, complex problems in a reasonable amount of Bme.”

ApplicaDons Sokware validaBon and verificaBon of complex sokware for radar, space and aircrak systems

Lockheed Martin

Customers

“ This is a revolu-on not unlike the early days of compu-ng, …It is a transforma-on in the way computers are thought about.”

Ray Johnson, Lockheed Chief Technology Officer

“ It’s a game changer for Lockheed Mar-n, a game changer for our customers, and ul-mately a game changer for humanity.”

Greg Tallant, Lockheed MarBn program manager


System D-‐Wave Two (512-‐qubits) installing at Quantum ArBficial Intelligence Lab, OperaBonal Q3 2013

ObjecDve “To study how quantum compuBng might advance machine learning.”

ApplicaDons

“Help researchers construct more efficient and more accurate models for everything from speech recogniBon, to web search, to protein folding.”

Google

Customers

“We believe quantum compu-ng may help solve some of the most challenging computer science problems, par-cularly in machine learning…We actually think quantum machine learning may provide the most crea-ve problem-‐solving process under the known laws of physics.”

Hartmut Neven, Director of Engineering, Google


System D-‐Wave Two (512-‐qubits) installing at Quantum ArBficial Intelligence Lab at NASA Ames Research Center, OperaBonal Q3 2013

ObjecDve

“to develop dramaBcally improved algorithms for opBmizaBon tasks in air traffic control, autonomy, roboBcs, navigaBon and communicaBon, system diagnosBcs, pajern recogniBon, and mission planning and scheduling.”

IniDal ApplicaDons

Search for exoplanets among the more than 100,000 stars in the Kepler spacecrak’s field of view, and complex mission planning and scheduling

NASA Ames

Customers

“Using the D-‐Wave Two to perform Kepler’s data-‐intensive search for transi-ng planets among the more than 100,000 stars in the spacecraK’s field of view has the poten-al to provide a unique, complementary approach to the task of discovering new Earth-‐like exoplanets.”

Quantum Computer Fact Sheet at NASA Ames


Types of Applications

Labeling images ExtracBng meaning from news stories

DetecBng and tracking objects in images

Finding correlaBons in bioinformaBc data

Improving natural language in machines

CreaBng and tesBng scienBfic hypotheses


Business Model

•  System sales, services, soluBon-‐based subscripBon contracts •  MulB-‐year subscripBon contracts (3 to 5 years) •  Creates deferred revenue on balance sheet •  Annual upfront billing •  Professional Services and maintenance revenues streams

Focus on long term growth opportunity

Primarily a direct sales effort


D-Wave Executive Team

Vern Brownell, CEO CEO Egenera,

CTO Goldman Sachs

Bo Ewald, CRO CEO, Cray, SGI

Dr. Geordie Rose, CTO Founder, D-‐Wave

Warren Wall, COO COO, Electronic Arts Canada

Bill Blake, SVP R&D CTO, Board of Cray


Supported by World Class Investors

International Investment and Underwriting


Summary

•  Quantum compuBng will help solve the world’s most challenging compuBng problems

•  D-‐Wave is the world leader in producing a scalable quantum computer

•  D-‐Wave has sold and installed its first two D-‐Wave Two systems

•  Typical system services engagement is $8-‐10M over 3 years, not including professional services

•  D-‐Wave will develop “Quantum Cloud” model, with unprecedented energy efficiency built upon exisBng capability

Thanks!

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