The letters of intent provide over $2 billion in funding from the CHIPS and Science Act to spur research and development in fault-tolerant quantum computing.

The Commerce Department will award over $2 billion in federal incentives to two domestic quantum foundries and seven quantum computing companies.

Middle Tennessee State University, Middle Tennessee Electric's quantum research to prepare students for "next generation of computing:" officials

D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced that it has signed a Letter of Intent (LOI) for $100 million of proposed funding under the U.

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super computers that could solve some of the world’s most pressing problems.

This article is part of a package on the future of quantum computing. Read about the most promising applications of these machines here and see an illustrated field guide to qubits here. Inside a low-slung building in an office park near the southeastern edge of the San Francisco Bay,