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.

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

WASHINGTON, Sept. 8, 2026 /PRNewswire/ -- Quantinuum (Nasdaq: QNT), a leading quantum computing company, today announced it has finalized an agreement with the U.S. Department of…