Updated logo UPDATED Back to feed
deep tech BetaKit September 08, 2026

US government invests $200 million USD in Canadian-founded quantum firms

US government invests $200 million USD in Canadian-founded quantum firms
AI Summary

Two quantum computing firms founded by Canadians have each secured $100-million USD ($138-million CAD) investments under the US CHIPS and Science Act . The news: After signing a letter of intent back in May, BC-founded and California-headquartered D-Wave announced on Tuesday that it received a strategic investment from the US government, giving the US Department of Commerce a minority, non-controlling equity stake in the company. Berkeley, Calif.-based Rigetti Computing, which was founded by Moo

0 views
Read full article
Read it on Updated — Tech News. Ahead of the Curve.
Discussion
Sign in to join the discussion.
Loading comments…