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

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

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 ...

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

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

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

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

IBM is breaking into the quantum computing foundry business.

IBM is also one of the world's top quantum computing companies. It's already deployed over 85 quantum systems to run more than 3 trillion programs, launched several experimental chips (Eagle, Heron, ...

Quantum computing shares popped as the U.S. government announced plans to award grants to nine firms operating in the space.

By Harshita Mary Varghese and Aditya Soni May 21 (Reuters) - The Trump administration will take $2 billion in equity stakes ...

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