US issues $2B+ in grants to IBM, others for quantum computing initiatives
The US Commerce Department will issue $2.013 billion in grants to IBM Corp., GlobalFoundries Inc. and seven other tech firms to finance quantum computing initiatives.
The Wall Street Journal reported today that the US government will receive shares in exchange for the funding.
According to the paper, the stock that GlobalFoundries is set to issue […]
The post https://siliconangle.com/2026/05/21/us-issues-2b-grants-ibm-others-quantum-computing-initiatives/" rel="nofollow">US issues $2B+ in grants to IBM, others for quantum computing initiatives appeared first on https://siliconangle.com" rel="nofollow">SiliconANGLE.
- U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes Wall Street Journal —
- US awards IBM and other firms $2 billion to give America the edge in quantum computing CNN —
- Quantum computing stocks surge as U.S. is awarding $2 billion in grants and taking equity stakes Quartz —
- US government takes $2 billion equity stake in nine quantum computing firms Ars Technica —
- US is taking equity stakes in IBM and other quantum computing companies Engadget —