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U.S. Department of Commerce Announces Letters of Intent With 9 Companies For $2 Billion
The U.S. Department of Commerce signed nine letters of intent totaling $2.013 billion in proposed CHIPS Act incentives to support quantum.
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forbes.com
U.S. Will Invest $2 Billion In Quantum Computing Firms And Take Equity, Report Says
The grants include a massive $1 billion grant for IBM.
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datacenterdynamics.com
US Dep’t of Commerce awards nine quantum computing companies $2bn in exchange for non-controlling equity stakes
Plus a round up of other quantum computing news
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cryptobriefing.com
US to award $2B to quantum computing firms, takes equity stakes
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.
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IBM and US Commerce Department unveil first purpose-built quantum foundry with $1B support
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.
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US government awards $2B to quantum computing firms, including IBM
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.
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Rigetti Computing signs letter of intent for $100M funding from US Department of Commerce
Rigetti Computing signs a letter of intent with the US Department of Commerce for up to $100M in funding to advance superconducting quantum computing.
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zerohedge.com
Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes
"The Trump administration is leading the world into a new era of American innovation."
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thequantuminsider.com
Reports: US to Award $2 Billion to Quantum Companies, Take Equity Stakes
The Trump administration is reportedly preparing a $2 billion quantum computing funding package to companies developing quantum technologies.
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qz.com
U.S. awards $2 billion to quantum computing firms, takes equity stakes
IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act
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timesofindia.indiatimes.com
US big quantum technology bet: Trump administration backs firms with $2 billion funding tied with equity stake
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…
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D-Wave Signs Letter of Intent for Proposed $100 Million CHIPS Act Funding to Accelerate U.S. Leadership in Quantum Computing
D-Wave signed an LOI for proposed $100 million CHIPS Act funding to support quantum computing development.
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IBM and U.S. Department of Commerce Announce Proposed $1 Billion CHIPS Award to Fund Purpose-Built Quantum Foundry
IBM and the U.S. Department of Commerce announced plans to launch Anderon, a standalone U.S.-based quantum chip foundry.
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Diraq Signs $38 Million Letter of Intent Under CHIPS Act to Scale Silicon Spin Technology
Diraq signed a Letter of Intent with the U.S. Department of Commerce for up to $38 million in proposed CHIPS funding.
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PsiQuantum Signs $100 Million Letter of Intent With The U.S. Department of Commerce
PsiQuantum signed a LoI with the U.S. Department of Commerce for $100 million to support photonic quantum computing technologies.
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GlobalFoundries Launches Quantum Technology Solutions
GlobalFoundries launched a new Quantum Technology Solutions business and signed a Letter of Intent with the U.S. Department of Commerce.
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edition.cnn.com
US awards IBM and other firms $2 billion to give America the edge in quantum computing | CNN Business
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…
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Quantinuum Enters into Letter of Intent with the U.S. Department of Commerce for Funding Opportunity to Accelerate U.S. Leadership in…
Quantinuum signed a letter of intent with the U.S. Department of Commerce’s CHIPS Research and Development Office for proposed federal funding.
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thenextweb.com
IBM lands $1bn as US backs nine quantum companies for $2bn
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.
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axios.com
U.S. to take equity stakes in quantum computing companies
These sorts of arrangements have been normalized with breathtaking speed.
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U.S. Department of Commerce Announces Letters of Intent With 9 Companies For $2 Billion
The U.S. Department of Commerce signed nine letters of intent totaling $2.013 billion in proposed CHIPS Act incentives to support quantum.