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

AI Summary

D-Wave Quantum received a $100 million equity investment through the U.S. government's CHIPS and Science Act, despite widening losses. The funding underscores federal support for advancing quantum technology and semiconductor innovation.

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 ...