D-Wave strikes $550-million USD deal to acquire Quantum Circuits
After spending decades on quantum annealing, D-Wave hopes to make a splash in gate-based computing.
Quantum
Photonic says it’s ready to commercialize quantum with $180-million fundraise
RBC, Telus back quantum computing company as it looks to develop enterprise-ready tech.
Canada launches its own quantum research program to rival DARPA initiative
Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding through CQCP.
Nord Quantique, Xanadu, Photonic advance to next phase of DARPA quantum race
US military-backed initiative aims to build useful quantum computer by 2033.
#Budget2025 hints at full scope of federal government’s defence agenda
Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments.
What’s in #Budget2025 for Canadian tech?
Feds make huge spending commitments but finally get competitive on defence, taxes, and financial services.
Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal
Transaction expected to raise up to $500 million USD.
AI minister won’t rule out American involvement in Canada’s sovereign cloud
Evan Solomon says sovereign cloud strategy may have room for “multiple players.”
Carney says new Major Projects Office will help build a “Canadian sovereign cloud”
PM says cloud infrastructure is vital for security, AI, and quantum leadership.
BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs
Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”
Why Canada’s federal government keeps talking about quantum tech with Xanadu’s Christian Weedbrook
A federal push for quantum sovereignty comes at the right time for Xanadu.
D-Wave sells $400 million USD in common shares to fund acquisitions, working capital
Quantum computing firm joins competitors in selling stock for third time since December.
Boris Wertz thinks science is the new moat for Canadian tech
The Version One Ventures investor explains why he bets big on AI, robotics, and Web3.
With $3-million pre-seed round, Xatoms launches pilot projects to purify water with quantum chemistry
Toronto-based startup hopes to become leading AI platform for photocatalyst discovery.
G7 leaders conclude summit with commitments on AI and quantum
The Prime Minister’s Office promised more than $200 million in financial support.