TLDR Tech / News
Anderon receives $1B CHIPS Act award for quantum chip production
Anderon, an IBM-founded quantum foundry in Albany, New York, has secured up to $1 billion in research and development funding from the U.S. Department of Commerce's CHIPS Act. IBM is contributing an equivalent amount in cash and intellectual property to establish automated manufacturing for superconducting quantum chips. The foundry aims to support commercial production for quantum hardware companies like Rigetti Computing, which is currently assessing Anderon's 300-millimeter wafer capabilities.
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