News

US issues $2B+ in grants to IBM, others for quantum computing initiatives

  • Maria Deutscher--SiliconANGLE News
  • published date: 2026-05-21 20:48:39 UTC

The US Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives. The Wall Street Journal reported today that the US government will receive shares in exchang…

The US Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives. The Wall Street Journal reporte… [+4570 chars]