US’s big bet on quantum computing may not be entirely legal
Summary
US government announced $2 billion in investments in quantum computing startups, allocating $100 million each in exchange for equity. The plan includes Anderon, IBM’s proposed spin-out, to fabricate quantum processors with $1B from IBM and $1B from the government. Legislators question legality under CHIPS and Science Act allocations, raising concerns about public-private research partnerships. The piece discusses potential benefits for the quantum ecosystem and the uncertainty of commercial-ready, error-corrected quantum computing in the near term.