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Trump administration provides total $2 billion in funding to 9 quantum computing companies

Source: www.wsj.com
the Trump administration, through the U.S. Department of Commerce, provided a total of $2 billion in funding to 9 quantum computing companies in exchange for equity. $1 billion will be awarded to IBM, chip manufacturer GlobalFoundries will receive $375 million, publicly listed companies including D-Wave Quantum, Rigetti Computing, and Infleqtion will each receive $100 million, and startup Diraq is expected to receive $38 million. (Wall Street Journal)

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