Alpha Talon Investment Research

Alpha Talon Investment Research

Quantum Computing’s False Prophet: The $6B Short Case on D-Wave (QBTS)

A deep dive into flawed tech, broken financials, and why the numbers point to a 97% Collapse

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AT Investment Research
Jul 25, 2025
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D-Wave announces 1,200 qubit quantum computer - DCD

Executive Summary

D-Wave Quantum Inc (NYSE: QBTS) has garnered attention as a pioneer in the quantum computing sector, particularly for its focus on quantum annealing. Despite a surge in speculative investor interest and media coverage in 2025, I believe the company remains fundamentally overvalued, underperforming technologically, and commercially unvia…

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