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D-Wave Quantum

Quantum-annealing pioneer (5,000+ qubit systems); now also building gate-model hardware.

Palo Alto, CA, US · 1999 · QBTS
Milestone note Sep 10, 2026

Washington put $400M into four quantum companies — and took equity in three of them

D-Wave, Rigetti and Quantinuum each finalized $100M CHIPS Act agreements with the Commerce Department on 8 September, with the federal government taking a minority, non-controlling equity stake as a condition. PsiQuantum signed for $100M separately. Every project is about manufacturing — traps, cryostats, detectors, packaging — not algorithms.

Milestone note Jul 28, 2026

AT&T expands its D-Wave deal after a 240x speedup — quantum annealing goes into production

AT&T signed an agreement to expand use of D-Wave's annealing quantum computers across network operations, after an early workload ran 240x faster — about an hour down to under 15 seconds. Next uses: outage response, technician routing, network planning, traffic management, layered into AT&T's agentic AI tools. D-Wave shares jumped ~20%.