U.S. Will Invest $2 Billion In Quantum Computing Firms And Take Equity, Report Says

TL;DR

Reports differ across sources; according to forbes.com, topline Key Facts Legacy tech firm IBM is expected to receive the largest grant, worth about $1 billion, which it will use alongside $1 billion of its own funds to build a quantum chip foundry to build the specialized semiconductors necessary to power quantum computers in the U.S., the company announced in a separate press release on Thursday.