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The U.S. Department of Commerce provides a total of $2 billion in government grants to nine quantum computing companies and acquires equity in related transactions.

MeNews
ME News Report, May 21 (UTC+8), the U.S. Department of Commerce announced a total of $2 billion in government grants to nine quantum computing companies, including IBM, and acquired equity in related transactions. This move aims to accelerate the development of the emerging quantum computing industry and promote the construction of more stable, scalable quantum computing systems. The report states that this round of funding is part of the Trump administration's effort to maintain the United States' competitive edge in cutting-edge computing fields and to initiate a "new era of technological innovation." (Source: PANews)
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GateUser-23bf1070
· 28m ago
Quantum dominance is not yet in sight, but the funds are already in place.
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LiquidityBarista
· 8h ago
What impact does this news have on the crypto world? Let's wait and see.
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NoSleepBridge
· 8h ago
The government directly takes equity, IBM's move is now the national team.
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ForkItAnyway
· 8h ago
2 billion is just a drop in the bucket for quantum.
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YieldGoblin
· 8h ago
Equity for subsidies, the government deeply binds with tech giants
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FloatingMirrorSphere
· 8h ago
When quantum miners come out, will BTC need to change its algorithm?
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VelvetValidator
· 8h ago
Frontier technology race, both China and the U.S. are increasing investments
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MarginMom
· 8h ago
Does this count as another form of QE?
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RugpullTherapist
· 8h ago
Nine companies share 2 billion, averaging a little over 200 million per company, not considered much.
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GateUser-517aed04
· 8h ago
Quantum computing is still far from commercial use; the funds need to be secured first.
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