IBM Subsidiary Anderon Secures 1 Billion USD CHIPS Grant for U.S. Quantum Factory!
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The new IBM subsidiary Anderon receives a billion-dollar grant from the U.S. Department of Commerce for its quantum chip manufacturing in Albany. The 1 billion USD from the CHIPS Act complements a billion-dollar investment from IBM. Initial quantum wafers are already running through the factory – a building block for IBM's quantum roadmap. Billion-Dollar Grant Finalized Anderon, an independent company from IBM, has secured a grant of 1 billion USD under the U.S. CHIPS and Science Act with the Department of Commerce. The funds are intended to...
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