The US government is pumping $2,000,000,000 in CHIPS and Science Act money into quantum computing firms
The US Department of Commerce is allocating over $2 billion through the CHIPS and Science Act to nine quantum computing companies, including significant investments in IBM and GlobalFoundries. This initiative aims to bolster the nation's leadership in quantum technology and semiconductor manufacturing, with companies like D-Wave and Rigetti Computing also receiving substantial funding.
- Entities
- Person: Dr. Alan Baratz
- Company: GlobalFoundries
- Company: IBM
- Company: Rigetti Computing
- Company: Diraq
- Company: Infleqtion
- Topic: Quantum Computing
- Topic: Government Funding
- Company: Pasqal
- Topic: Semiconductors
- Person: Wasiq Bokhari
- Company: D-Wave
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