TechTaffy

tech:

taffy

Jeff Bezos Invests In Quantum Computing Company

By TechTaffy Desk

[Techtaffy Newsdesk]

D-Wave Systems,  a Canada-based quantum computing company founded in 1999,  has closed a $30 million round of equity funding. Bezos Expeditions and In-Q-Tel (IQT) have joined the investment round.

Bezos Expeditions is the personal investment company of Jeff Bezos. IQT is a strategic investment firm that delivers  technology solutions in support of the U.S. Intelligence Community.

Vern Brownell  (CEO,  D-Wave): Jeff Bezos and In-Q-Tel are well-known visionaries. Both understand the implications of quantum computing as a world changing force.

Bezos Expeditions and IQT join current D-Wave investors, including Business Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs, Growthworks, Harris & Harris Group, International Investment and Underwriting, and Kensington Partners.

D-Wave says it will use the new funding to augment its commercial operations.

[Image Courtesy: D-Wave Systems]

Just in

Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 
Industry

Former VMware COO Mike Hayes joins Mirantis board

Mirantis, a company that provides open source software for infrastructure control, has appointed Mike Hayes to its board.
Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots. 
Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.