IBM and Red Hat received funding and investment for a quantum chip foundry and combined cybersecurity and quantum computing initiatives.
1 report, 1 independent
Updated May 28
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What happened
IBM and Red Hat received funding and investment for a quantum chip foundry and combined cybersecurity and quantum computing initiatives.
Who's involved
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The entities involved
Related events
- IBM, GlobalFoundries, and the Trump administration announced plans to invest $10 billion in a fault-tolerant quantum computer by 2029.
- IBM committed over $10 billion to quantum initiatives and is developing the Superion 256 platform with a foundry partnership.
- IBM and Lockheed Martin are exploring a new quantum computing venture stemming from a defense deal.
- IBM and GlobalFoundries are collaborating on building a quantum chip foundry in Albany.
- IBM and Google are leading research and development in quantum computing.