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May 28 (Reuters) - IBM (IBM.N), opens new tab said on Thursday it plans to invest more than $10 billion in quantum computing over five years as it aims to build by 2029 the first large-scale quantum ...
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 ...
A handful of quantum-computing companies have been given grants that include U.S. government equity stakes, sending their shares higher Thursday: IBM is getting $1 billion of the $2 billion total ...
After taking equity stakes in chipmakers and rare-earth element miners, the Trump administration has a new industry on its radar: quantum computing. On Thursday, the Department of Commerce announced ...
The markets were stunned last July when the Trump administration announced it was investing $400 million into rare earths miner MP Materials (NYSE:MP) to bolster domestic rare earth production. A ...
Quantum computing stocks surged on Thursday after news of a major investment from the White House in the space. The US Department of Commerce announced that it will be awarding $2 billion in grants to ...
The US Department of Commerce is awarding $2 billion to American quantum-computing companies — half of which will go to IBM — to bolster the buildout of super computers that could solve some of the ...
IBM surpassed consensus on the top and bottom lines, with 9% revenue growth. The company reiterated full-year guidance. The hardware, software and infrastructure provider bought data streaming ...