TechFlow News, May 21: According to The Wall Street Journal, the U.S. Department of Commerce announced $2 billion in government grants to nine quantum computing companies, including IBM, and will acquire equity stakes in the related transactions. This initiative aims to accelerate the development of quantum computing—a nascent industry—and advance the construction of more stable and scalable quantum computing systems. The report states that this round of funding forms part of the Trump administration’s plan to maintain U.S. competitive advantage in cutting-edge computing and usher in a “new era of technological innovation.”
Add to Favorites
Share to Social Media
