Three-pronged strategy comes with CA$2bn investment pledge

Company will receive $7.9bn

Will provide users with access to IQM Crystal and IQM Star

Quantum computers will be used to bolster US defense capabilities

Quantum startup will work with Leibniz Supercomputing Centre and Max-Planck-Institute of Quantum Optics on the project

Would offer subsidies and exempt semiconductor companies from working hours cap

System is set to go live in July 2025

Questions have been raised over tender process

Funding to run until end of decade

Decision affects advanced AI chips

Will increase agency’s compute power to more than 6.5 petaflops

Biden administration keen to complete negotiations before the end of his term

Ministers undecided about how the funds should be reallocated

Projects expected to align with government’s five quantum missions

Will support research into chip design and industry-wide collaboration

Company received a “significant reduction” in the penalty due to its cooperation

First of three proposed semiconductor research facilities

Updated law now includes penalties for those accused of leaking ‘work secrets’

System currently undergoing “significant upgrades”

Will support hardware development and talent growth in the city state

Will go into effect on January 2, 2025

Will house 12 quantum computers

Reports suggest Sophgo ordered chips matching ones found on Huawei’s Ascend 910B

Third CHIPS Act funding allocation in a week