Rigetti Computing, ticker RGTI, received $100 million for building superconducting quantum processors, aiming to be the Nvidia of quantum chips.
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The US is set to award $2B to 9 quantum companies
Road to 100k PortfolioMay 22, 2026
This reel discusses the US government's plan to award $2 billion in grants to nine quantum computing companies. It explains the basics of quantum computing and highlights key companies receiving funding, including IBM, GlobalFoundries, D-Wave Quantum, Rigetti Computing, and Infleqtion.
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D-Wave Quantum received $100 million for its focus on real-world quantum computing applications in logistics and AI systems.
GlobalFoundries received $375 million to manufacture specialized chips for quantum machines, acting as the backbone for quantum hardware.
IBM is a primary recipient of US government funding for quantum computing, investing $1 billion to build its full quantum stack.