IBM, set to receive $1 billion of the package, saw large stock gains along with other companies involved.

By Harshita Mary Varghese and Aditya Soni May 21 (Reuters) - The Trump administration will take $2 billion in equity stakes across nine quantum-computing companies, including a new IBM venture, in a ...

The U.S. will invest $2 billion in grant funding in return for equity stakes in nine quantum computing companies, the Wall Street Journal first reported citing the Commerce Department, including a $1 ...

The Trump administration plans to invest $2 billion in nine companies in the field of quantum computing, the U.S. Department of Commerce said Thursday. As with previous U.S. investments under Trump in ...

Quantum computing shares popped as the U.S. government announced plans to award grants to nine firms operating in the space.

IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act ...

IBM will receive half the award, while companies such as D-Wave and Rigetti will also get a piece. In return, the government will take equity stakes. It’s a good day to be an American quantum ...

Several quantum computing stocks rallied Thursday on expectations of deals that will see the federal government take stakes in the firms.

WASHINGTON—The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Commerce Department said. The move ...

WASHINGTON—The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Commerce Department said. The move ...