PANews|May 21, 2026 10:45
[U.S. Department of Commerce Grants $2 Billion in Government Subsidies to 9 Quantum Computing Companies and Acquires Equity in Related Transactions]
According to The Wall Street Journal, the U.S. Department of Commerce has announced $2 billion in government subsidies to nine quantum computing companies, including IBM, and will acquire equity in related transactions. This move aims to accelerate the development of the emerging quantum computing industry and promote the construction of more stable and scalable quantum computing systems. The report states that this round of funding is part of the Trump administration's plan to maintain the U.S.'s competitive edge in cutting-edge computing and usher in a 'new era of technological innovation.'
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