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D-Wave's acquisition of $100 million in CHIPS Act funding marks a significant milestone for domestic quantum hardware scaling, targeting both annealing and gate-model architectures. The agreement explicitly aims to advance qubit counts and supply chain sovereignty while granting the U.S. government a minority equity stake. This development underscores the growing intersection of federal policy support and private sector innovation in the quantum computing landscape.

Sources coveringQuantum Computing Report, Fortune

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D-Wave Finalizes Definitive $100 Million CHIPS Act Agreement with U.S. Department of Commerce

Quantum Computing ReportSeptember 8, 20261 min read

D-Wave Quantum Inc. has finalized a $100 million CHIPS Act agreement with the U.S. Department of Commerce. This funding will accelerate hardware development for both superconducting quantum annealing and gate-model architectures, aiming for a 100,000-qubit system and a 10,000-physical-qubit QPU, respectively. In exchange for the funding, the U.S. Department of Commerce will receive a minority equity stake in D-Wave. The post D-Wave Finalizes Definitive $100 Million CHIPS Act Agreement with U.S. Department of Commerce appeared first on Quantum Computing Report.

Dual-platform quantum hardware vendor D-Wave Quantum Inc. (NASDAQ: QBTS) has executed a definitive agreement with the U.S. Department of Commerce for…

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