US to invest $2 billion in IBM, other quantum computing firms - Reuters

The U.S. government will invest $2 billion in quantum computing firms, including IBM, to accelerate domestic quantum technology development. The funding aims to secure leadership in the global quantum race. IBM will spin off a new quantum chip foundry, named Anderson, using $2 billion in combined federal and private funding. The facility will specialize in 300mm quantum wafer fabrication, marking the first U.S.-based quantum chip foundry. The investment includes equity stakes in participating firms, raising legal questions about government involvement in private enterprises. Critics argue the move may overstep traditional funding boundaries. Anderson’s foundry will provide advanced manufacturing services, targeting scalable quantum computing solutions. The 300mm wafer capability aligns with industry standards for high-volume production. The initiative reflects growing U.S. urgency to counter quantum advancements by China and other competitors. The funding underscores quantum computing’s strategic role in national security and economic competitiveness.