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D Wave Quantum Wins US$100 Million CHIPS Act Backing As Losses Widen
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D Wave Quantum Wins US$100 Million CHIPS Act Backing As Losses Widen

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D-Wave Quantum (NYSE:QBTS) received a $100 million equity investment from the U.S. government under the CHIPS and Science Act. The funding comes through the U.S. Department of Commerce as part of a broader $2 billion federal initiative in quantum computing. The capital is intended to support D-Wave's quantum R&D, including both annealing and gate-model platforms, and to strengthen the domestic quantum supply chain. D-Wave Quantum enters this funding milestone with its stock at $25.74 and a...

Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for D-Wave Quantum to help decide what it's worth to you. The Risks and Rewards Investors Should Consider ⚠️ Exis... [2354 chars]

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Source: Yahoo Finance

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