# The US Department of Commerce is awarding $2 billion to American quantum-computing companies.

*semiconductor · news · 2026-05-21 · Cable News Network*

## Key points

- The US Department of Commerce is awarding $2 billion to nine American quantum computing firms.
- IBM will receive half of the $2 billion to support its new company, Anderon, a pure-play quantum foundry.
- D-Wave Quantum and Rigetti Computing will each receive up to $100 million in exchange for equity.
- IBM will invest an additional $1 billion into Anderon, expecting more investors as the company grows.
- The funds are part of the CHIPS and Science Act, marking a significant US quantum R&D commitment.

**Companies:** IBM, D-Wave Quantum, Rigetti Computing
**Countries:** United States

[Read the full story on Cable News Network](https://edition.cnn.com/2026/05/21/business/ibm-quantum-computing-firms-grants)

---

Canonical: https://newsio.io/n/b2667775-ec86-49a5-8c4e-9c28479c8ef1/the-us-department-of-commerce-is-awarding-2-billion-to-american-quantum-computin
Summarized by Newsio from Cable News Network. https://newsio.io/how-it-works
