IBM and the US Commerce Department are building the first purpose-built quantum chip foundry, backed by $1B in CHIPS Act funding, with major implications for crypto security.

The grants include a massive $1 billion grant for IBM.

Company says investment will help support its quantum roadmap beyond 2029

Plus a round up of other quantum computing news

The US government plans to invest $2 billion in quantum computing firms while taking equity stakes, accelerating domestic quantum development with implications for crypto security.

IBM and the US Commerce Department are building the first purpose-built quantum chip foundry, backed by $1B in CHIPS Act funding, with major implications for crypto security.

The Trump administration is awarding $2 billion in grants and taking equity stakes in nine quantum-computing firms, including IBM, in a major national security push.

IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act

IBM and the U.S. Department of Commerce announced plans to launch Anderon, a standalone U.S.-based quantum chip foundry.

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super…

The US Department of Commerce has signed nine CHIPS Act letters of intent worth $2bn, taking equity stakes in IBM, D-Wave, Rigetti and others.

The U.S. Department of Commerce will invest $2 billion into quantum chip foundries and startups as the "Q-Day" Bitcoin threat nears.

The U.S. Department of Commerce signed nine letters of intent totaling $2.013 billion in proposed CHIPS Act incentives to support quantum.

The U.S. Department of Commerce has signed nine non-binding letters of intent (LOIs) to allocate $2.013 billion in federal incentives under the CHIPS and Science Act. Administered…

The Trump administration is awarding $2 billion in CHIPS Act grants to nine quantum computing companies, with IBM getting $1 billion and the government taking equity stakes across…

US government will invest $2 billion in nine quantum computing firms, including IBMs new chip venture Anderon, to strengthen Americas lead in advanced computing and counter China.…

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

The US Department of Commerce is investing $2 billion across nine quantum computing companies, including $1B to IBM, to counter threats to Bitcoin cryptography.

The funds will support GlobalFoundries and IBM, along with seven quantum computing companies, in their efforts to develop “utility-scale, fault-tolerant quantum computers,” the…

The US is doubling down on quantum, with the US Department of Commerce committing $2bn to nine companies to build out a domestic quantum computing ecosystem.

Trump admin invests $1B in IBM's new quantum foundry, validating Dan Ives' massive upside call. Read how CHIPS Act funds fuel the tech race.