D-Wave wins up to $100M from US to build quantum systems
D-Wave has been awarded up to $100 million through the U.S. CHIPS Act to expand its quantum computing hardware efforts. The funding supports its dual-platform strategy, covering both quantum annealing and gate-model systems.
D-Wave could use the federal funding to bring a gate-model processor to its Leap cloud service within two years, giving existing annealing customers an on-ramp to circuit-model workloads.