[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [TECHNOLOGY]

3 clusters · 9 sources · 1 days · First seen · Last updated

US quantum computing R&D subsidies

Overview

The U.S. Department of Commerce has finalized multi-billion dollar agreements under the CHIPS and Science Act to bolster domestic quantum computing research and manufacturing.

Initial allocations include up to $1.375 billion for IBM and GlobalFoundries to scale semiconductor manufacturing for quantum technologies. GlobalFoundries is partnering with Quantinuum and Monarch Quantum to advance ion-trap electronics and optical components, while IBM plans a $1 billion investment to establish a 300mm quantum wafer foundry. Other recipients, including Quantinuum, Rigetti Computing, and D-Wave Quantum, are set to receive $100 million to address technical scaling challenges. In a specific agreement, D-Wave Quantum will receive up to $100 million in exchange for a minority stake granted to the Department of Commerce.

Quantinuum has finalized its agreement to receive $100 million in federal funding to support research and domestic manufacturing for trapped-ion quantum computers. This expansion involves working with GlobalFoundries to utilize 300mm wafer technology for high-volume production of next-generation ion traps and control electronics.

Furthering these efforts, the U.S. government is providing $100 million each in research and development subsidies to D-Wave Quantum, Rigetti Computing, and Quantinuum to accelerate the field. Additionally, GlobalFoundries has entered a $375 million, five-year agreement with the U.S. government. This milestone-based deal aims to expand domestic production capacity and assist quantum hardware developers in transitioning prototypes from laboratory settings to commercial-scale production.

Entities

U.S. Department of Commerce · D-Wave Quantum · Quantinuum · CHIPS and Science Act · Rigetti Computing

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 3 days ago

    [TECHNOLOGY] 2 sources
    D-Wave Quantum to receive up to $100 million from U.S. Department of Commerce

    D-Wave Quantum will receive up to $100 million from the U.S. Department of Commerce via the CHIPS Act to advance quantum computing research, marking a strategic shift toward AI and computing infrastructure.

  2. 3 days ago

    [TECHNOLOGY] 2 sources
    U.S. government invests $300 million in quantum computing firms

    The U.S. government is investing $300 million in quantum computing firms via the CHIPS Act, while Fujitsu develops a diamond-based quantum computer prototype with Dutch research institutions.

  3. 3 days ago

    [TECHNOLOGY] 5 sources
    Quantinuum secures $100M CHIPS award for quantum manufacturing

    Quantinuum has secured $100 million in U.S. CHIPS Act funding to advance trapped-ion quantum computing manufacturing through partnerships with GlobalFoundries and Monarch Quantum.

Sources

ad-hoc-news.de · cashcow.nl · cepa.org · computable.nl · interestingengineering.com · mugglehead.com · news.cnyes.com · news.cube-soft.jp · stocknews.com

This summary has been updated 2 times: see revision history