Beneficiaries include startup backed by firm with links to the Trump family.

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

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.

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.

"The Trump administration is leading the world into a new era of American innovation."

The Trump administration is reportedly preparing a $2 billion quantum computing funding package to companies developing quantum technologies.

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

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington's push to…

The US government will take equity stakes worth $US2 billion in nine quantum computing companies, including Australian-founded start-up PsiQuantum.

The US government plans to invest $2 billion in quantum computing companies as private funding drops sharply and geopolitical competition with China and the EU intensifies.

Beneficiaries include startup backed by firm with links to the Trump family.

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.

These sorts of arrangements have been normalized with breathtaking speed.

Quantencomputer gelten als Schlüsseltechnik der Zukunft. Die Trump-Regierung steckt zwei Milliarden Dollar in IBM, Globalfoundries und mehrere Start-ups – und lässt sich dafür…

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…

The list also include a company that Trump Jr. is invested in.

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.