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SandboxAQ's $500 million CHIPS award underscores significant government investment in US semiconductor supply chains for quantum hardware and materials science simulation. The funding specifically targets advancing AQPotency and accelerating cryptographic migration to address Q-Day threats, while the company expands its open-source footprint through initiatives like OpenFold and the UN AI Hub.
SandboxAQ develops US chip R&D with $500 million in quantum funding
SandboxAQ secured a $500 million CHIPS award to advance US semiconductor R&D, building supply chains from the materials up.
SandboxAQ received a $500 million CHIPS R&D award, signaling substantial government confidence in the company’s approach to semiconductor development. AQPotency from SandboxAQ is now generally available in Marketplace. Simultaneously, timelines for Cryptography migration, known…
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