Trump administration to follow up Intel stake with investment in quantum computing, report claims — tens of millions of CHIPS Act dollars could be paid out to leading companies in exchange for equity

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The U.S. government is negotiating with leading quantum-computing companies to acquire ownership stakes in return for Federal financial support, reports the Wall Street Journal. The plan would provide public funds to quantum technology startups that badly need money while granting Washington direct equity participation and expanding its role as an investor in the private sector.

Atom Computing, D-Wave Quantum, IonQ, Rigetti Computing, and Quantum Computing are among the companies that are discussing or…



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Trump administration to follow up Intel stake with investment in quantum computing, report claims — tens of millions of CHIPS Act dollars could be paid out to leading companies in exchange for equity


The U.S. government is negotiating with leading quantum-computing companies to acquire ownership stakes in return for Federal financial support, reports the Wall Street Journal. The plan would provide public funds to quantum technology startups that badly need money while granting Washington direct equity participation and expanding its role as an investor in the private sector.

Atom Computing, D-Wave Quantum, IonQ, Rigetti Computing, and Quantum Computing are among the companies that are discussing or…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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