US to invest $2 billion in IBM, other quantum computing firms
Published on: May 22, 2026, 1:05 a.m. | Source: The Economic Times
US government will invest $2 billion in nine quantum computing firms, including IBMs new chip venture Anderon, to strengthen Americas lead in advanced computing and counter China. IBM gets $1 billion, GlobalFoundries $375 million, while smaller firms like D-Wave and Rigetti also receive funding amid rising investor interest.
