The U.S. government will provide $100 million [1] in funding to D-Wave Quantum Inc. to accelerate the company's quantum-computing scale-up.
This investment represents a strategic move by the U.S. government to secure leadership in the global quantum race. By leveraging the CHIPS and Science Act, the Department of Commerce aims to strengthen the domestic quantum ecosystem and ensure the technology is developed within U.S. borders.
Alan Baratz, CEO of D-Wave Quantum Inc., said the funding was confirmed during a CNBC interview on May 21, 2026 [2]. The financial support is formalized through a Letter of Intent for $100 million [3] under the CHIPS and Science Act.
"This investment will accelerate our ability to scale quantum innovation and keep the United States at the forefront of the quantum race," Baratz said [4].
The funding is intended to help D-Wave scale its dual-platform quantum technology. This expansion is viewed as critical for transitioning quantum computing from experimental phases to scalable, industrial applications.
A spokesperson for the U.S. Department of Commerce said the department is pleased to partner with D-Wave to bring the funding to the U.S. quantum ecosystem [5].
The initiative focuses on maintaining a competitive edge against other global powers in the field of quantum information science. The Department of Commerce is utilizing the CHIPS Act to bridge the gap between theoretical research and commercial deployment, a move intended to solidify the U.S. position as a hub for high-tech innovation [1].
“This investment will accelerate our ability to scale quantum innovation”
The allocation of CHIPS Act funds to D-Wave signals a shift toward the commercialization of quantum computing. By targeting the 'scale-up' phase, the U.S. government is prioritizing the transition of quantum hardware from lab environments to practical, industry-wide utility to prevent foreign adversaries from achieving a computational advantage.
