US EditionTrump administration in talks to take stakes in quantum-computing firms, WSJ reports
The Trump administration seeks at least $10 million investments per quantum firm to secure stakes, aiming to enhance U.S. national security and compete with China in strategic tech.
- On Wednesday, the Trump administration began negotiating equity stakes in IonQ, Rigetti Computing and D‑Wave Quantum in exchange for at least $10 million in funding each.
- The administration is pursuing stakes as part of a strategic push to secure supply chains and convert grants into equity, building on investments in Intel and MP Materials to counter China.
- Market reaction was swift, as shares jumped double digits with D-Wave Quantum surging nearly 21% and at least five quantum computing funds weighing equity swaps for federal funding, The Wall Street Journal reported.
- No deals are completed and the Commerce Department denies active negotiations, though taking equity would give the government control over rollout and potential financial upside.
- Analysts say the step is part of efforts to establish U.S. leadership versus China, whose public funding is roughly double, citing Quantum Economic Development Consortium data.
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The U.S. government looks with interest at quantum computing companies. After buying 10% of Intel, the leading semiconductor manufacturer, for nearly nine billion...
Quantum Computing Stocks Power Upward on Hopes of Multimillion-Dollar US Investment
A Commerce Department official denied that the agency plans to invest in several quantum-computing companies in exchange for equity, according to CNBC, but that didn’t stop the stocks’ upward climb. The Wall Street Journal reported Wednesday that the US government agency was talking with top quantum companies including IonQ, Rigetti Computing and D-Wave Quantum about awarding at least $10 million to each. The report stoked investment in the sec…
According to a media report, the U.S. government is holding talks with several quantum computing companies about the state's involvement. In return for public funding, the government is to become a shareholder. This was reported by the Wall Street Journal on Wednesday, citing individuals familiar with the matter. Among the companies are IonQ, Rigetti Computing or D-Wave Quantum. The talks included a minimum government funding of ten million doll…
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Trump administration denies report it’s seeking stakes in quantum computing firms amid China tech race
The Trump administration is not in talks to take equity stakes in U.S. quantum computing firms, the Commerce Department confirmed to FOX Business Thursday, pushing back on a Wall Street Journal report that suggested the government was exploring investments in companies, including IonQ, Rigetti Computing and D-Wave Quantum."The Commerce Department is not currently negotiating equity stakes with quantum computing companies," a Commerce spokesperso…
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