D-wave’s market cap went up 10X in six weeks of November and December
It merely shows how willing “the market,” and all its investment funds and speculators, are still willing to throw money at any new “tech” concept.
Big financial firms have been throwing money at quantum computing for more than 5 years. There is certainly interest in the practical concept of its application to make money.
This from being there and getting previews of practical applications that are publicly acknowledged. I could only speculate on what they haven’t disclosed.