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Congress Moves to Boost Quantum Funding as US Competes With China, Europe

By BloombergAugust 7, 2026

AI Summary

US Congress is actively pursuing increased federal funding for quantum computing to stay competitive with international rivals like China and Europe.

US lawmakers from both parties are seeking to boost federal funding for quantum computing as China and other countries race to transition from research to deployment of the nascent technology. The legislative push comes as the global landscape for quantum development becomes increasingly competitive, with significant capital flowing into the sector from both public and private sources. Policymakers are emphasizing the need for sustained support to ensure national security and technological leadership. This initiative reflects a broader trend of governments treating quantum computing as a critical strategic asset, moving beyond basic research into practical, large-scale applications.

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