> ... the US government announced $2 billion in investments in ... a range of startups ... could be make-or-break investments for many companies that are likely years away from a product that could see widespread use. ...

The article doesn't make it sound like this is "going towards existing approaches". I totally get that you may not support these company's approaches to quantum processer design, but we'd be getting rather into the weeds if that's the hair we're splicing.