D-Wave secures $100M deal with Commerce Department under CHIPS Act
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6 Articles
D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100 Million to Accelerate U.S. Leadership in Quantum Computing
CHIPS and Science Act funding to advance R&D for the company’s superconducting annealing and gate-model technology developmentPALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platfor...
D-Wave secured an agreement of up to $100 million with the U.S. Department of Commerce to accelerate the development of quantum systems of 100,000 and 10,000 qubits, although the equity structure of the agreement opens a debate on the possible dilution of its investors.
D-Wave secures $100M deal with Commerce Department under CHIPS Act
D-Wave Quantum secured $100 million from the US Commerce Department under the CHIPS Act to develop a 100,000-qubit annealing system as part of a
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