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IBM gets $1 billion R&D grant to advance quantum manufacturing

IBM said it was awarded $1 billion from the U.S. Commerce Department as a research-and-development grant under the 2022 CHIPS and Science Act, to accelerate Anderon’s work on quantum wafer manufacturing capabilities.

IBM

Anderon, an IBM company, said it was awarded $1 billion from the Commerce Department in a research-and-development grant under the 2022 Chips and Science Act. The grant will accelerate Anderon's efforts to advance the nation's quantum wafer manufacturing capabilities.