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The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super computers that could solve some of the world’s most pressing problems.
(Updates with stock movement in the last paragraph.) IBM (IBM), GlobalFoundries (GFS) and D-Wave
Shares of several quantum computing companies surged in U. S.
Trump administration awards $2 billion to nine quantum firms and takes minority equity stakes in each recipient.
The Trump administration’s reported decision to award $2 billion in grants to leading quantum-computing companies marks one of the strongest signals yet that quantum technology has moved from experimental science into the realm of national strategic infrastructure. According to a Reuters report citing the Wall Street Journal, the U.
IBM stands to receive $1 billion of the package, which covers nine companies and is funded by the 2022 Chips and Science Act
The Trump administration hopes to spur “a new era of American innovation,” Commerce Secretary Howard Lutnick says.
IBM and shares of several quantum computing firms jumped Thursday after the U.S. Commerce Department announced $2 billion in grants to advance the technology. The deals reportedly include equity stakes.
IBM (IBM), GlobalFoundries (GFS) and D-Wave Quantum (QBTS) are among the major quantum companies set
The US government will take equity stakes worth a total of $2bn in a slew of quantum computing companies, including a start-up backed by a firm...
A handful of quantum-computing companies have been given grants that include U.S. government equity stakes, sending their shares higher in premarket trading: IBM is getting $1 billion of the $2 billion total package.
IBM says it plans to create ‘America’s first pure-play quantum foundry’ in collaboration with the Commerce Department.
The Trump administration hopes to spur “a new era of American innovation,” Commerce Secretary Howard Lutnick says.
IBM (NYSE:IBM) shares climbed 6. 6% on Thursday after the U.
The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include the U.S. government taking equity stakes, the Wall Street Journal reported on Thursday, citing the Commerce Department. The department has agreed to give $1 billion of the package to IBM, while GlobalFoundries will receive $375 million, according to the report. The remaining firms, including D-Wave Quantum, Rigetti Computing and Infleqtion, are expected to receive $100 million each, while startup Diraq may receive $38 million, according to the WSJ report.
Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.
The AI trade has had favorites. NVIDIA, Microsoft, Alphabet, and Meta have carried the narrative, while two enterprise tech giants have quietly compounded earnings and built backlogs that few retail investors are talking about. With the S&P 500 up 8% year to date, the setup for these laggards looks asymmetric heading into the back half ... These 2 AI Giants Have Been Dormant. That’s Exactly Why They Might Surprise Investors
IBM expands AI cybersecurity with autonomous security feature, Red Hat integration and enterprise-wide threat detection tools.
This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow breaks down this week’s three biggest deals at the intersection of sports, technology, and philanthropy. IBM launches its 2026 Sports Tech Startup Challenge at Web Summit Vancouver — a global initiative targeting AI startups from Seed to Series B, with showcases in Rio […] The post The Dealmaking 3: IBM’s AI Sports Challenge, Athletes for Hope & The $192B Sports Tech Boom appeared first on CorpGov.
IBM (NYSE:IBM) has expanded its AI security portfolio, adding new AI-powered security services aimed at detecting and responding to AI-driven cyber threats. The company has entered a partnership with Anthropic to support Project Glasswing, which focuses on securing open-source software across critical infrastructure. These developments are intended to strengthen defenses against AI-enabled attacks and support shared vulnerability discovery and remediation across the wider security...
Visa, IBM and CrowdStrike headline new Zacks research as analysts assess AI, cybersecurity and digital payments trends.
US stock futures were edging higher on Wednesday ahead of a busier day of economic and corporate news, with investors awaiting Nvidia’s latest earnings as a key test for the AI trends that have driven the wider market. Nasdaq futures climbed 0.6%, with those for the S&P 500 up 0.3% and...
If you are picking a U.S. technology ETF, the choice almost always narrows to Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) and The Technology Select Sector SPDR Fund (NYSEARCA:XLK). Both look like the same trade: cheap, passive, mega-cap heavy. But XLK has quietly outrun FTEC 22.06% year to date versus 19.58%, and that gap traces ... XLK’s quiet edge over FTEC comes from a cap limit most investors never notice
FTSE 100 up 12 points at 10,343 UK inflation eases to 2.8% in April M&S, British Land, Experian, Severn Trent report results 12.59pm: Grocery analyst not a fan of Treasury food plan On the stories that the Treasury is asking major UK supermarkets to limit prices on some basic...
IBM stock has shed 25% in 2026, topping mega-cap decliners. Strong earnings haven't stopped the slide. Here's what investors need to know.
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