The Trump administration has awarded $2 billion in grants to nine quantum computing companies in exchange for equity.
BlockBeats News, May 21st, according to
$1 billion will be given to IBM, chip manufacturer GlobalFoundries will receive $375 million, publicly traded companies including D-Wave Quantum, Rigetti Computing, and Infleqtion will each receive $100 million, and startup Diraq is expected to receive $38 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan Post Holdings reports disposal of $1.65 million in Aflac common shares
Stock price plunges! Nebius (NBIS.US) full-year revenue guidance misses expectations, next year's capital expenditure guidance exceeds $40 billion, raising ongoing concerns over AI spending financing.
Nebius released its financial results for the third quarter.
Crypto prices
More
