Insider Brief
The Trump administration is reportedly preparing a $2 billion quantum computing funding package that would provide grants and government equity stakes to nine companies developing quantum technologies.
IBM is expected to receive about $1 billion and GlobalFoundries about $375 million, while firms including D-Wave Quantum, Rigetti Computing and Infleqtion could each receive roughly $100 million.
The reported investments expand Washington’s strategy of backing domestic supply-chain and strategic technology companies as the U.S. seeks to strengthen its position against China in advanced computing sectors.
The Trump administration is preparing a new round of industrial policy aimed at quantum computing, with roughly $2 billion in grants expected to go to nine companies developing quantum hardware and related technologies.
