CHIPS Act Funds Flow to Quantum as D-Wave, Rigetti and Quantinuum Sign Final Deals
D-Wave, Rigetti and Quantinuum each secure $100M in CHIPS funding. The U.S. takes small equity stakes. IonQ adds an $8.18M security deal and raises 2026 guidance.
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Rigetti Q2 2026 Earnings: Revenue Jumps 184% But Shares Drop on Modest Miss
Rigetti reported solid Q2 2026 results with $5.1M revenue and $541M in cash. Highlights include HPE collaboration and $100M U.S. funding LOI, yet the stock declined on a modest revenue miss.
D-Wave Shares Jump After AT&T Expands Quantum Partnership for Network Operations
AT&T will layer D-Wave’s quantum tech into AI network tools after a test cut processing from 1 hour to 15 seconds.
Trump Signs Executive Orders to Build First Usable Quantum Computer by 2028
Trump orders fast-track quantum tech: build powerful computer by 2028 and upgrade encryption to resist future cyber threats by 2030.
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.
Trump Administration Awards $2 Billion to Quantum Computing Firms, Takes Equity Stakes
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.