Quantum computing firm D-Wave bags $17m more in funding
Summary
According to the laws of quantum mechanics, objects at an atomic level can simultaneously occupy two or more places or states at the same time. Weve amended the story to note the exponential as opposed to linear growth of values that can be achieved through qubits. In addition, the company claims its found a way to make a quantum chip design based on standard semiconductor manufacturing techniques. D-Wave first publicly demonstrated the Orion last February at the Computer History Museum in Mountain View, California, and in November at a supercomputing conference in Reno. The companys disposition for hype in addition to lofty promises about the immediate viability of quantum computing have earned D-Wave a fair share of critics.
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D-Wave Systems
$5M to $10M