ALBANY — IBM says it plans a major expansion of its operation in Albany after the federal government awarded the company and GlobalFoundries a combined $1.375 billion in grants for quantum computing.
IBM will receive a $1 billion grant, and GlobalFoundries, based in Saratoga County, will receive $375 million, .
Wall Street Journal reported the development earlier Thursday. The money is part of $2 billion the Trump administration is awarding to companies in the burgeoning quantum-computer industry…