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White House Backs IBM’s $2 Billion Quantum Computing Foundry
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White House Backs IBM’s $2 Billion Quantum Computing Foundry

Bloomberg Tech · May 21, 2026, 10:42 AM · Also reported by 4 other sources

The Trump administration has agreed to award a $1 billion grant to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to build up the emerging industry and expand the country’s technology leadership.

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