Trump Administration Awards $2 Billion in Quantum Computing Grants Using Biden-Era Legislation

The Trump administration has awarded $2 billion in grants to nine quantum computing firms using legislation from the Biden era, with IBM receiving half of the funding. The government will take equity stakes in return for financial support, aiming to bolster U.S. leadership in this emerging industry and enhance national security.

By Sarah Fielding Thu, May 21, 2026 at 4:41 PM GMT+3 3 min read · Yahoo Finance ·

Trump Administration Awards $2 Billion in Quantum Computing Grants Using Biden-Era Legislation

Tickers: $CCCXU $GFS $IBM $QBTS $RGTI

Topics: grants IBM quantum computing U.S. government funding

Read the full article at Yahoo Finance

More World news