U.S. Government Announces $2 Billion in Quantum Computing Funding
The U.S. government issued letters of intent for $2 billion in grants and investments to nine quantum computing companies. Google, Microsoft, and IonQ were not included in the round.
SemaforU.S. government announced $2 billion in grants and investments across nine quantum computing companies on May 22, 2026. The companies receiving the funding were not named in the announcement. Google, Microsoft, and IonQ were not included.
The administration issued letters of intent rather than completed agreements. Details on conditions attached to the funding remain under discussion. One person familiar with the matter told Semafor that requirements such as technological milestones could be included, similar to prior arrangements with USA Rare Earth.
U.S. is working to strengthen its domestic supply chain as quantum technology develops. '" he said. IBM expects to deliver its first effective, scalable quantum system in 2029. Crowder added that investments are needed now to prepare for fault-tolerant systems and manufacturing scale. Microsoft declined to comment. Google and IonQ did not respond to requests for comment.
Transparency
Reported by a single outlet. This score reflects source tier and factual specificity — corroboration is limited with one source.
Story details
Related Stories
The IndependentAppeals Court Allows White House to Resume Construction of Secure Ballroom and Counter-Drone Facility
U.S. District Judge Richard Leon ruled that President Trump lacks authority to build the 90,000-square-foot ballroom. An appeals court later allowed above-ground work to continue.
pakistantoday.com.pkBritish Man Extradited on AgustaWestland Bribery Charges Appeals Additional Forgery Count in Indian Supreme Court
Christian Michel, held since 2018 on bribery charges tied to a 2010 helicopter contract, will have his case heard by India’s Supreme Court in July 2026. His son says India is applying different standards to Michel than to diamond merchant Nirav Modi.
montrealgazette.comUS designates 1.53 million acres as critical habitat for rusty patched bumble bee
The Interior Department finalized a rule designating 1,534,951 acres of occupied critical habitat for the rusty patched bumble bee across 33 counties in six states. The designation takes effect July 1 and triggers Endangered Species Act protections that restrict federal actions a…