Quantum funding clash: US bets on a quantum foundry under legal scrutiny

TL;DR Summary
The US unveiled $2 billion in quantum-computing investments tied to the CHIPS Act, prompting lawmakers who say the spending isn’t aligned with the Act’s purpose; IBM-backed Anderon will be created as a quantum foundry with $1 billion from IBM and $1 billion from the government, transferring IP and staff to fabricate quantum chips. While the move could accelerate progress by giving startups better access to high-quality fabrication, it also raises questions about legality, government priorities, and the long-term market for such specialized hardware.
- US’s big bet on quantum computing may not be entirely legal Ars Technica
- Exclusive | U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes WSJ
- Which company will the U.S. government take a stake in next? Here’s what traders think CNBC
- Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing National Institute of Standards and Technology (.gov)
- Quantum computing stocks soar as Trump uses Biden-era legislation to award $2 billion in grants Fast Company
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