Trump Administration Explores Equity Stakes in Quantum-Computing Firms
The TRUMP administration is negotiating equity stakes with leading quantum-computing companies, including IonQ, Rigetti Computing, and D-Wave Quantum, according to a Wall Street Journal report. Federal funding of approximately $10 million per firm would accompany the government's minority ownership, signaling a strategic push into advanced technology sectors.
Deputy Commerce Secretary Paul Dabbar, a quantum industry veteran, is spearheading discussions alongside the WHITE House. The initiative targets economic growth and job creation through critical infrastructure investments. Additional firms like Quantum Computing Inc. and Atom Computing are reportedly engaged in preliminary talks.