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
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Discussion
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@arvindkrishna
Arvind Krishna
on x
With support from the @CommerceGov, @IBM today announced plans for Anderon, America's first purpose-built quantum chip foundry. Leveraging IBM's decades-long quantum leadership and strengths in wafer fabrication, the initiative will accelerate American quantum innovation and ena…
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@patrickmoorhead
Patrick Moorhead
on x
Not greenfield. IBM has been fabricating Loon and Nighthawk on 300mm at NY CREATES Albany since November 2025. Anderon is the corporate spinout, capitalized for merchant scale. Superconducting qubits and supporting electronics first, with stated intent to expand modalities... …
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@mccoycountyexec
Dan McCoy-CountyExec
on x
This investment from the U.S. Department of Commerce and IBM in a new quantum foundry at Albany NanoTech is another strong sign that our region is where the future of semiconductor and quantum innovation is being built. It builds on years of work here in Albany County to grow
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@squawkstreet
@squawkstreet
on x
“It's an entirely passive stake - no voting on the shares, no board seats, etcetera.” @infleqtion CEO Matt Kinsella... [video]
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@arpitrage
Arpit Gupta
on x
These government equity stakes are becoming more a part of standard policy: $2b here in quantum computing firms https://www.wsj.com/...
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@marionawfal
Mario Nawfal
on x
🇨🇳🇺🇸 Trump admin dropped $2B and took minority ownership in IBM, GlobalFoundries, D-Wave, Rigetti, Infleqtion, Atom Computing, PsiQuantum, Quantinuum & Diraq. IBM alone gets $1B (they're matching it) to build a dedicated quantum chip foundry in upstate NY. Goal? Beat China to [im…
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@kwekuoa
Kweku Opoku-Agyemang, Ph.D
on x
A $1 Billion validation of world-class science. Huge congratulations to my brilliant former co-authors at IBM on securing this massive quantum foundry award! Long before founding Machine Learning X Doing, I had the privilege of collaborating with these minds on how emerging tech
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@andrewcurran_
Andrew Curran
on x
The White House is awarding $2 billion in grants - $1 billion of it directly to IBM - to nine quantum computing companies and taking a equity stake in all of them. A quantum industry executive order is also being drafted. [image]
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@noahpinion
Noah Smith
on x
The slow nationalization of U.S. industry continues
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@adamthierer
Adam Thierer
on x
more equity stakes insanity on the way. Crony computational capitalism via “equity stakes” isn't real capitalism at all. It is just a softer version of Chinese-style central planning. It's fundamentally anti-free market and un-American. This is also how big government gets its [i…
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@scottlincicome
Scott Lincicome
on x
Now 21-23* government stakes in private firms during non-emergency/peacetime (depending on how you measure), up from ZERO before Trump took office. *Assuming equity stakes in all 9 quantum firms - reporting is murky.
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@divestech
Dan Ives
on x
Our 2026 tech predictions into this year had US/Quantum partnership on the docket. Seems like it's here now. Great for sector 🏆🍿🔥🐂👇 @CNBC https://www.cnbc.com/... [image]
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@liebermanaustin
Austin Lieberman
on x
Wait... $IBM is a quantum chip company?
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@scottlincicome
Scott Lincicome
on x
“Today's quantum deals are the latest installment in an improvised project to convert federal power into presidential leverage over private enterprise. It's antithetical to American capitalism” - @DeHavenTad 🔥 https://www.cato.org/... [image]
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@mtslive
@mtslive
on x
SITUATION DETECTED: The Trump administration is deploying $2B into quantum computing companies in exchange for equity stakes, per WSJ. IBM will receive $1B of the package, GlobalFoundries gets $375M, with D-Wave, Rigetti, and Infleqtion among the other recipients.
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@andrewcurran_
Andrew Curran
on x
IBM up 7% pre market.
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@benbrodydc
Ben Brody
on x
Meanwhile IBM and Commerce are each putting $1B into a standalone firm that'll be a quantum chip foundary. Commerce overall announcing plans for $2B in quantum commitments under CHIPS Act with nine companies today. Includes minority stakes for the gov 👀
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@danprimack
Dan Primack
on x
U.S. to take equity stakes in quantum computing companies https://www.axios.com/...
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@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
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@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
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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! …
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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 …
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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. …
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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. …
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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. …
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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. …
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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. …
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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 …
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r/neoliberal
r
on reddit
U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes
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r/IonQ
r
on reddit
US to award Quantum Computing Firms 2 Billion and take Equity Stakes
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@wittywebhandle
Blaise Ulysse Bernard Collins
on bluesky
You know the AI bubble is in trouble when ‘Quantum Computing’ enters the narrative fold. — The ultimate ‘never gonna happen’ attempt at the ‘next bubble’ that has died on the table every time it's been deployed.
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r/politics
r
on reddit
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes