D-Wave receives $40 million from federal government for quantum computing tech
D-Wave receives $40 million from federal government for quantum computing tech Burnaby, BC-based D-Wave Systems has secured $40 million from the Government of Canada to support its quantum computing systems and software. The funding is set to be announced Thursday afternoon by the recently appointed Minister of Innovation, François-Philippe Champagne. The $40 million in government funding comes in the form of Strategic Innovation Fund (SIF) financing. It will support a $120 million project D-Wave is working on to develop quantum computer hardware and software systems. The goa...
Source: betakit.com