Nearly half of the planned funding is slated for one profitable tech giant. And the other beneficiaries may be too speculative.

On May 21, the U.S. Commerce Department announced it would give a total of $2 billion in grants to nine companies at the bleeding edge of quantum computing technology, including I ...

The new era of quantum computing will happen, IBM says, as it sees nothing fundamentally to stop it.

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go ...

Last week, the US government announced $2 billion in investments in quantum computing companies, allocating $100 million each ...

When running an AI model through a quantum computer, scientists have increased accuracy by only adding a relatively small ...

IBM says it plans a major expansion of its operation in Albany after the federal government awarded the company and ...

The U.S. government announced a $2 billion investment across ​nine quantum computing companies last week, considered as part of efforts to shore up the domestic supply chain and counter China ‌in ...

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

Quantum computers are an emerging technology that works on the subatomic level with the potential to significantly disrupt ...

IBM is breaking into the quantum computing foundry business.

Both firms post steep losses and sky-high valuations, but their approaches to quantum hardware, and risks, differ sharply.