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US issues $2B+ in grants to IBM, others for quantum computing initiatives
The U.S. 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
The U.S. 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 U.S. government will receive shares in exchange for the funding. According to the paper, the stock that GlobalFoundries is set to issue […] The post US issues 2B+ in grants to IBM, others for quantum computing initiatives appeared first on SiliconANGLE.
Source: SiliconANGLE | 2026-05-21