The US government is spending $2 billion on quantum computing, while taking stock in the companies it funds

May 23, 2026 - 05:02
Updated: 1 month ago
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IBM quantum computing hardware and software systems are shown.

IBM is set to receive the largest share of the funding, with $1 billion allocated to the company. Long seen as a frontrunner in quantum development, IBM has been building out both hardware and software systems designed to handle quantum workloads. As part of the agreement, the company will invest...

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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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