The US government is spending $2 billion on quantum computing, while taking stock in the companies it funds

The US Commerce Department will invest about $2 billion in nine quantum computing firms while taking minority equity stakes.

IBM is set to receive $1 billion and will add another $1 billion for a quantum chip facility.

Other recipients include GlobalFoundries, D-Wave, Rigetti, Infleqtion, and Diraq across different quantum approaches.

The move signals a more interventionist US strategy to shape a strategically important emerging technology.