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The US government will take $2 billion in equity stakes across nine quantum computing firms.
KEY POINTS
- IBM received a $1 billion grant from the Trump administration to build a quantum chip foundry.
- PsiQuantum, co-founded by Australians, will receive a $140 million US government equity stake.
- GlobalFoundries secured $375 million in US funding for quantum initiatives.
- Diraq, a quantum computing startup, will get $38 million from the US Commerce Department.
COMPANIES
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