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IBM and GlobalFoundries Secure Over $1.3 Billion in CHIPS Funding to Build America’s Quantum Chip Manufacturing Base

IBM will build America’s first dedicated quantum foundry with $2B backing, while GlobalFoundries launches Quantum Technology Solutions supported by a $375M CHIPS award.

IBM and GlobalFoundries Secure Over $1.3 Billion in CHIPS Funding to Build America’s Quantum Chip Manufacturing Base
"Anderon, a new standalone IBM company." Credit: IBM
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