SCALE AI this week announced a combined $50 million being invested across 12 projects in Canada, including multiple in BC. The investment and innovation hub, which accelerates adoption and integration of artificial intelligence, is designed to contribute to the development of a world-class AI ecosystem right here in Canada. Based in Montreal, the federally and […]
D-Wave Systems
Burnaby’s D-Wave Systems Going Public In SPAC Deal
Burnaby’s D-Wave Systems is going public by merging DPCM Capital, a publicly traded special purpose acquisition company, in a deal that values the company at nearly USD $1.6 billion. D-Wave expects to raise up to USD $340 million in gross proceeds from the deal, including a USD $40 million private placement in public equity from […]
D-Wave Launches First-ever Quantum Computer In Europe
Today in Jülich Germany, Burnaby’s D-Wave Systems announced the launch of the first Leap™ quantum cloud-based system outside North America at Forschungszentrum Jülich Supercomputing Centre. The offering provides access to the Advantage™ quantum system, which contains more than 5,000 qubits and will be available to European users at Forschungszentrum Jülich immediately in the cloud via […]
D-Wave Systems Lands $40 Million From Ottawa’s Strategic Innovation Fund
Burnaby’s D-Wave Systems is getting $40 million from the federal government to help advance its efforts in the development of quantum computing. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the contribution to D-Wave last week. The funding comes from Ottawa’s Strategic Innovation Fund and will support a $120-million project to develop quantum […]
D-Wave Reveals the First Quantum Computer Built for Business
Earlier this year D-Wave Systems commissioned 451 Research, part of S&P Global Market Intelligence, to investigate enterprise attitude and appetite with regard to quantum computing. Yesterday they released the results. The survey found that while 39% of surveyed enterprises are already experimenting with quantum computing today, a staggering 81% have a use-case in mind for […]
D-Wave Expands Leap Quantum Cloud Service to India and Australia
D-Wave Systems is expanding their Leap quantum cloud service to India and Australia. Developers, researchers and businesses in these countries can now access D-Wave 2000Q™ quantum computers, hybrid solvers and the Quantum Application Environment (QAE) in real time via Leap to drive the development of business-critical, in-production hybrid applications. This expansion builds upon Leap’s existing […]
In a Time of Crisis, What Will Happen to the Disruptors?
The bedrock of any nation’s innovation economy is our startups, and in light of the current global pandemic we are being gravely exposed to the vulnerabilities of entrepreneurship. Startups are important to moving our economy forward as they provide a pipeline for job creation, disposable income, taxation, and ultimately are part of the engine that […]
D-Wave Provides Free Quantum Computing for Global Response to COVID-19
Effectively responding to the COVID-19 pandemic requires a collaborative and global effort across diverse organizations, including both private and public institutions. To help Burnaby’s D-Wave Systems is offering free access to its quantum systems via the Leap quantum cloud service for anyone working on responses to the COVID-19 crisis. This initiative comes in response to a request […]
Athena Pathways Launches to Train 500 BC Women in AI in 18 Months
Increasing British Columbia’s capacity in Artificial Intelligence, Machine Learning and Data Science (AI/ML/DS) is of strategic business, economic and social importance today and will only get more important in the future as every major industry is deeply affected by AI/ML/DS. And yet, BC faces a major challenge in developing its workforce to sustain competitiveness: women […]
Eleven Vancouver Companies Included on Narwhal List
The Narwhal Project identifies a set of young Canadian companies that have the potential to become successful on the world stage. The Narwhal List sheds light on the ability of firms to scale up and reach world-class status. 2019 was a remarkable year for Vancouver’s technology sector as there are eleven companies that made the cut. […]