The U.S. Commerce Department has signed letters of intent to award just over $2 billion to nine quantum computing companies.
According to NS3.AI, IBM is set to receive $1 billion to support a quantum-grade superconducting wafer foundry.
GlobalFoundries is set to receive $375 million for a multi-architecture fabrication facility.
The remaining $636 million is allocated across seven quantum computer builders.
AI TRENDS | U.S. Commerce Department Signs Letters of Intent for Over $2 Billion in Quantum Computing Awards
2026-06-12 15:48:22
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