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At close · Thu, Oct 8, 2026
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Home›Commodities›Energy Transition›US Department of Energy offers $215 million for quantu…

US Department of Energy offers $215 million for quantum computing

The DoE funding is aimed at helping domestic firms build a reliable quantum computer, as officials link quantum progress to tackling the energy demands rising with AI.

OilPrice reports that the US Department of Energy is offering $215 million in funding to help domestic firms develop what it describes as the world’s first reliable quantum computer.

The outlet says the push for next-generation quantum computing has intensified, with the technology positioned as a potential response to what the AI boom is creating for energy demand.

OilPrice also notes that the DoE’s Quantum Genesis Q Competition is accepting proposals as part of the effort to advance the technology.

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