D-Wave Secures Access to Up to $100M in CHIPS Act Funding
AI Summary
D-Wave secures up to $100M in CHIPS Act funding to accelerate annealing and gate-model quantum system manufacturing.
D-Wave Quantum has secured access to up to $100 million in federal funding under the U.S. CHIPS and Science Act to drive research, development, and domestic quantum semiconductor fabrication.
According to company leadership, the capital will support D-Wave's dual-platform roadmap covering both annealing and gate-model quantum architectures. A primary focus of the award is advancing next-generation hardware, including an ambitious 100,000-qubit quantum annealing platform engineered for optimization, materials simulation, artificial intelligence, and blockchain applications.
The initiative aims to bolster the domestic supply chain and scale domestic manufacturing capabilities, helping position commercial quantum hardware for enterprise and high-performance computing deployment.
Related News
DOE releases national quantum computing roadmap following field-wide effort led by SCAC subcommittee
The U.S. Department of Energy has released a comprehensive national roadmap for quantum computing, developed through a collaborative effort led by the SCAC subcommittee.
SPRIND Launches Quantum Sensing Initiative
The German agency SPRIND has initiated two tracks focusing on quantum-driven intelligence and quantum sensing discovery.
Tennessee Launches $43M Quantum Grant Program
Tennessee has opened a $43 million grant program to connect regional quantum assets, including ORNL and EPB.
Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing
Rigetti Computing entered into a definitive agreement worth $100 million with the U.S. government to advance research and development in superconducting quantum technology.