US quantum computing investment faces legality challenge

A significant US government investment of $2 billion in quantum computing startups, including $100 million equity stakes, is now under scrutiny. A member of Congress argues these deals are illegal, as the funds were allocated for semiconductor research, not direct investment in private companies. The largest portion of the funding is earmarked for Anderon, a new foundry company co-funded by IBM, which raises concerns about favoritism and the use of public money. Critics contend the CHIPS and Science Act funds were intended for public-private R&D partnerships, not equity stakes in specific ventures, potentially diverting resources from their intended purpose.