The U.S. Department of Commerce is awarding $2 billion to IBM and eight other American quantum computing companies in an effort to secure the nation’s lead in the race to build the world’s most powerful computers.
IBM is set to receive half of that amount to launch a new subsidiary called Anderon, which the company described in a statement Thursday as “America’s first pure-play quantum foundry.”
“This initiative represents one of the most significant commitments by the U.S. Government to date in quantum R&D to position the United States to manufacture most of the world’s quantum wafers,” IBM said, referring to the specialized wafers used to produce quantum computing chips….
US Invests $2 Billion in IBM, Other Firms to Boost Quantum Computing
