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Chronicles

The story behind the story

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The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package

Trump administration hopes to spur ‘a new era of American innovation,’ Commerce's Lutnick says  —  WASHINGTON—The Trump administration …

Wall Street Journal

Discussion

  • @gurgavin @gurgavin on x
    🚨 TRUMP'S GOVERNMENT TO INVEST $2 BILLION INTO QUANTUM COMPUTING COMPANIES — WSJ INVESTMENTS INCLUDE: ▪️ $1B → IBM ▪️ $375M → GLOBALFOUNDRIES ▪️ $100M → D-WAVE QUANTUM ▪️ $100M → RIGETTI COMPUTING ▪️ $100M → INFLEQTION ▪️ $38M → DIRAQ $IBM $GFS $QBTS $RGTI
  • @anecdotal Hollis Robbins on x
    Breaking news about the Trump administration awarding $2 billion in grants to quantum-computing companies. Investing in the technology is bypassing universities altogether, @AmrithRamkumar @heathersomervil https://www.wsj.com/... via @WSJ
  • r/IonQ r on reddit
    US to award Quantum Computing Firms 2 Billion and take Equity Stakes
  • NewsMax.com NewsMax.com on x
    Quantum Futures Surge on $2B US Funding Report
  • r/neoliberal r on reddit
    U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes
  • Josh Mandell Josh Mandell on linkedin
    Super exciting news from IBM and the U.S. Department of Commerce on the announcement of the nation's first purpose-built quantum foundry! …
  • PJ Catalano PJ Catalano on linkedin
    IBM and U.S. Department of Commerce Announce America's First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award …
  • Nickle LaMoreaux Nickle LaMoreaux on linkedin
    Today IBM announced plans with the U.S. Department of Commerce to build America's first pure-play quantum wafer foundry. …
  • Jerry M. Chow Jerry M. Chow on linkedin
    Quantum computing will not scale just on research breakthroughs alone.  We also need the manufacturing capability to build these technologies reliably, at volume. …
  • Dave C. Dave C. on linkedin
    Big news this morning!  —  IBM and the U.S. Department of Commerce have announced a significant partnership to launch Anderon - America's first-ever pure-play quantum chip foundry. …
  • Nick Svolos Nick Svolos on linkedin
    Huge step forward for IBM's innovation in the quantum industry...  IBM and the U.S. Department of Commerce announced plans for America's first purpose-built quantum foundry. …
  • Bill Frauenhofer Bill Frauenhofer on linkedin
    Today marks a significant milestone for American innovation.  The Department of Commerce's CHIPS R&D Office announced Letters of Intent with 9 quantum companies for $2 billion in incentives. …
  • Julia Lane Julia Lane on linkedin
    Today, the U.S. government announced a historic $2B investment in quantum companies.  What I find especially important is the growing recognition …