US Government Invests $2 Billion in Quantum Computing Leaders

The Department of Commerce plans to provide $2.013 billion in federal incentives to nine companies to support and accelerate their development of quantum computing. The Department signed letters of intent with the companies, and its CHIPS Research and Development Office will provide the incentives, the Department’s National Institute of Standards and Technology (NIST) said in a Thursday (May 21) press release . The incentives are designed to strengthen America’s position in quantum computing, wh