D-Wave Finalizes Definitive $100 Million CHIPS Act Agreement with U.S. Department of Commerce
quantumcomputingreport.com Sep 9, 2026

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

AI-summarised brief · reviewed before publication

D‑Wave Quantum Inc. secured a definitive $100 million CHIPS Act award from the U.S. Department of Commerce, granting federal R&D funding to scale its dual‑platform quantum hardware. The capital will advance a 100,000‑qubit superconducting annealer for optimization, AI, and material science, and a 10,000‑qubit gate‑model processor capable of 100 fault‑tolerant logical qubits and over 1,000,000 circuit operations. The deal includes a minority equity stake for Commerce, aligning with a $2 billion federal push for domestic quantum semiconductor sovereignty.

💡 Why It Matters

  • · The funding accelerates U.S.
  • · quantum hardware development, reducing reliance on foreign supply chains and positioning the country to compete in high‑impact AI and scientific computing markets.