IBM and NASA Release Open Lunar AI Model as IBM, Lockheed, ETH Zurich Launch Quantum Hub

NVIDIA has announced a $1 billion commitment to bolster U.S. scientific research and development over the next five years, targeting fields it calls crucial for American leadership including quantum computing, healthcare, and energy security. The investment extends NVIDIA's collaboration with national labs and supports projects such as the Genesis Mission, which aims to accelerate scientific breakthroughs. The initiative was highlighted at the "Science: A New Golden Age" event in Washington, D.C., where NVIDIA underscored its role in enhancing super intelligence infrastructure. NVIDIA last closed at $230.48, down 2.9%.

Trump's task force announced a science initiative worth more than $6 billion in total, covering the race for quantum computing and artificial intelligence tools. The U.S. Department of Energy named eight scientific applications to guide the Quantum Genesis Q Competition, which offers up to $215 million in planned funding to companies developing fault-tolerant quantum computers. The funding, first announced in September, consists of milestone-based awards and incentive prizes, with research priorities spanning chemistry, materials science, subatomic particle physics, and applied mathematics. Meanwhile, the White House announced that 11 technology companies have pledged AI tools and computing credits worth a combined $2.4 billion to support research at 15 federal agencies, including $1 billion from Nvidia, $500 million from AMD, $200 million from OpenAI, and $150 million each from Anthropic and Google. On September 23, three European Union financial regulators issued a warning that the development of increasingly powerful quantum computers could undermine the encryption systems used to secure blockchain and financial transactions. However, no quantum computer currently exists that is powerful enough to carry out such an attack in practice.

DARPA has selected IBM and IonQ to lead the next phase of its Quantum Benchmarking Initiative, aimed at developing a fault-tolerant quantum computer. The two companies advanced to Stage C of the program, which moves beyond conceptual plans to hardware tests conducted by DARPA's independent verification and validation team. DARPA launched the Quantum Benchmarking Initiative in 2024 to determine whether an industrially useful fault-tolerant quantum computer can be built by 2033, and IBM and IonQ both took part in the first two stages. IBM is developing its Quantum Starling fault-tolerant computer and expects to deliver the first fault-tolerant system in 2029, according to Jay Gambetta, Director of IBM Research, while IonQ is pursuing continued improvement and deployment of its Superion systems. The Stage C agreement has a potential value of $300M to continue validating IonQ's approach to delivering large-scale fault-tolerant quantum computers, though funding beyond the initial obligation remains subject to future appropriations and DARPA funding actions.

Zapata Quantum has joined the IBM Quantum Network, the company announced, with plans to use IBM's quantum computers alongside its own use-case discovery and application development expertise. The Boston-based company, which trades over the counter under the ticker ZPTA, said the effort aims to close the quantum application gap by translating advances in quantum computing into mission-critical applications. Chief Executive Sumit Kapur said IBM's rapid progress toward fault-tolerant quantum computing brings that application gap into sharper focus, while Vice President of Strategy and Co-Founder Jonny Olson said superconducting qubits remain one of the most capable paths to advantage because their hardware is fast. The move builds on prior joint research between the two companies, including a landmark study published in Nature Biotechnology that produced experimentally validated candidates targeting KRAS and was named one of the journal's Top 10 Articles of 2025, as well as co-authored work in npj Quantum Information on variational quantum factoring. Zapata said insights from the network will inform Quantum Pilot, its hardware-agnostic platform that helps enterprises identify, prioritize and develop quantum applications as hardware matures.

Quantinuum secured a finalized US$100 million CHIPS R&D award from the U.S. Department of Commerce to support trapped ion quantum computer manufacturing in the United States. The company also announced new collaborations with Quanta Computer and Oracle tied to its trapped ion quantum hardware. As part of the Oracle tie-up, Quantinuum will place its Helios quantum computer inside Oracle data centers to support quantum cloud computing access. Quantinuum, a quantum computing hardware and software specialist in the IT industry, has a market cap of about US$12.7b. The company said the CHIPS R&D award and Oracle data center placement support its push to integrate quantum systems with AI and high performance computing through partners such as Oracle and HPE, though heavy reported losses and the risk of delays around its Sol and Apollo systems remain open issues.