The letters of intent provide over $2 billion in funding from the CHIPS and Science Act to spur research and development in fault-tolerant quantum computing.
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By
Alexandra Kelley,Staff Correspondent, Nextgov/FCW
By
Alexandra Kelley
The U.S. Department of Commerce signed nine letters of intent totaling $2.013 billion in proposed CHIPS Act incentives to support…
The funds will support GlobalFoundries and IBM, along with seven quantum computing companies, in their efforts to develop…
Plus a round up of other quantum computing news
The U.S. Department of Commerce has signed nine non-binding letters of intent (LOIs) to allocate $2.013 billion in federal…
The US Department of Commerce has signed nine CHIPS Act letters of intent worth $2bn, taking equity stakes in IBM, D-Wave,…
Quantinuum signed a letter of intent with the U.S. Department of Commerce’s CHIPS Research and Development Office for proposed…
U.S. Department of Commerce Announces Letters of Intent With 9 Companies For $2 Billion
Commerce Department announces $2B for 9 companies under CHIPS Act
US Dep’t of Commerce awards nine quantum computing companies $2bn in exchange for non-controlling equity stakes
U.S. Department of Commerce Proposes $2 Billion CHIPS Investment Across Nine Quantum Hardware and Foundry Developers - Quantum Computing Report
IBM lands $1bn as US backs nine quantum companies for $2bn
Quantinuum Enters into Letter of Intent with the U.S. Department of Commerce for Funding Opportunity to Accelerate U.S. Leadership in Quantum Computing
US pumps $2bn into quantum computing via CHIPS Act
US Department of Commerce invests $2B in quantum computing to counter Bitcoin threats
U.S. awards $2 billion to quantum computing firms, takes equity stakes
PsiQuantum Signs $100 Million Letter of Intent With The U.S. Department of Commerce
