
Policy·
Commerce will take equity in nine quantum companies. $2 billion is moving in exchange.
On May 21 NIST disclosed nine letters of intent worth $2.013B for IBM, GlobalFoundries, and seven quantum labs. Each comes with a minority federal stake.

On May 21 NIST disclosed nine letters of intent worth $2.013B for IBM, GlobalFoundries, and seven quantum labs. Each comes with a minority federal stake.

Google's security team says cryptographically-relevant quantum computers could arrive by 2029, six years before the NSA's 2031 deadline. What to migrate, and in what order.