D-Wave Quantum Receives Up to $100 Million from U.S. CHIPS Act for Quantum System Development

D-Wave Quantum will receive up to $100 million from the U.S. CHIPS and Science Act to advance its quantum annealing and gate-model technologies. This funding supports the development of a 100,000-qubit annealing system and a 10,000-qubit gate-model system, aiming to boost U.S. competitiveness in quantum computing innovation.