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CoinDesk·5 min read·hard

The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up

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Alex Pruden
The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up
AI Summary

The U.S. government is investing $2 billion into quantum computing infrastructure to maintain a competitive edge in cryptography. The author argues that while this industrial policy is significant, there is a critical lack of equivalent funding for post-quantum defensive security measures.

Why it matters

It highlights a potential national security vulnerability as quantum computing advances threaten current encryption standards.

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These are not simply research grants. They represent industrial policy for manufacturing scale, and an investment in long-term equity outcomes where the government hopes to turn a profit. IBM is getting $1B to stand up a quantum-grade superconducting wafer foundry. GlobalFoundries is getting $375M for a multi-architecture fab. The remaining $636M is split across seven companies actually building quantum computers, across superconducting, trapped ion, photonic and neutral-atom modalities.

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Confidence: 80%

The article provides an objective analysis of government policy and industry needs without partisan framing.

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