The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package (Wall Street Journal)

May 21, 2026 - 15:15
Updated: 19 days ago
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The US Commerce Department awards grants to quantum computing companies.

Wall Street Journal:
The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package  —  Trump administration hopes to spur ‘a new era of American innovation,’ Commerce's Lutnick says  —  WASHINGTON—The Trump administration …

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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