What Is Quantum Computing's Role on Wall Street?

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July 8 (Bloomberg) -- D-Wave Systems President and CEO Vern Brownell discusses quantum computing applications with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

Chief executive of d-wave systems.

We are talking about quantum computing.

Does it take a lot of power to start this thing up?

The refrigerator that i talked about earlier takes a little bit of power, but the chip itself takes no power.

This is an important issue for the future of computing.

We run up against that ruling roadblock and data centers.

As we scale the computer up and follow the same line as the semiconductor business, we will not add any more power.

This could be a tremendous power savings.

If the chip itself does not create intense amounts of heat, why do you need such a big refrigerator?

Is it because it allows them bits and bytes to travel more quickly?

That are to build.

The refrigerator technology is kind of new to bring it down to that temperature.

That will frank over time, too, as it becomes more mainstream.

-- that will shrink over time, too.

That is the reason it is large.

What is the trajectory in terms of when something like this will be more commonplace?

I know that google uses these quantum supercomputers, nasa, lockheed martin.

Work right now we are working with the pinnacle of enterprise and corporations and looking at what their requirements are and developing the algorithm to fit the problems that have.

Lockheed martin is using it for flight control verification and things like that.

The trajectory is we will continue to find those verticals.

We can help wall street better manage risk by using this kind of technology.

We will go into financial services, energy exploration, things like that the that are a natural fit for this kind of technology.

Ultimately, it will be a level playing field where people can decide to use traditional computing or quantum computing.

10 years from now, quantum computing will be available in the cloud.

Over time, more and more will move into quantum computing.

What are the building blocks of quantum computing in terms of the actual materials?

It is on a silicon wafer.

This is one of the insides of the original founder, who decided to use semiconductor techniques that are well established and build it out of that.

We use a standard fab.

Some of the materials are a little different.

It is a little bit exhausted -- exotic from materials point of view.

Most of the manufacturing process is standardized.

We can scale out to larger and larger computers.

Is it like an assembly line?

You see pictures of people making chips and testing their reliability in a lab, wearing a white suit.

You think of a long assembly line of chips.

We are not a high-volume player right now.

There may be thousands of customers that cannot afford this kind of thing.

We will not begin to the point of putting them in laptops and desktops.

Leveraging all that expertise, we are able to get to market faster.

D-wave is a small company that built the world's first quantum computer.

We have leveraged the semiconductor technology and the venture-capital.

In addition to the technology and the brain power, you have some very high end investors.

Goldman sachs, harris and harris.

Jeff be those bezos is an individual investor as well.

What is next for d-wave?

We are at an exciting time where our computers are outperforming all the computers in the world together for the first time.

That will scale overtime . we are aware intel was when i came out with the first microprocessor.

Any chance of an initial public offering?

I get a lot of interest for investment, certainly.

I am a popular guy, not because of my computer background.

We would love to have a public company.

We will do that at the right time.

This text has been automatically generated. It may not be 100% accurate.

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