US government gives IBM company $1 billion to build America’s quantum future
The US government has finalized a $1 billion CHIPS Act award for IBM company Anderon as it builds out quantum wafer manufacturing in Albany New York.
Chips Act
Chips Act
IBM bets $1 billion on new U.S. quantum chip foundry company Anderon
IBM is launching Anderon, a standalone quantum chip foundry company backed by a proposed $1 billion CHIPS award and another $1 billion from IBM itself. The move signals a major push to keep quantum manufacturing and innovation rooted in the United States.