US government takes $2 billion equity stake in nine quantum computing firms

<p>The US government will take equity stakes worth a total of $2 billion in a slew of quantum computing companies, including a startup backed by a firm with links to the Trump family and one taken public by a Pentagon official.</p> <p>The announcement by the commerce department that it had signed letters of intent with nine companies—including GlobalFoundries and IBM—sent shares in quantum specialists soaring on Thursday.</p> <p>Both IBM, which is set to get $1 billion, and GlobalFoundries, which will receive $375 million, were up more than 6 percent in pre-market trading. D-Wave Quantum, an awardee that was taken public in 2022 by Emil Michael—now a top Pentagon official—was up more than 20 percent.</p><p><a href="https://arstechnica.com/gadgets/2026/05/us-government-takes-2-billion-equity-stake-in-nine-quantum-computing-firms/">Read full article</a></p> <p><a href="https://arstechnica.com/gadgets/2026/05/us-government-takes-2-billion-equity-stake-in-nine-quantum-computing-firms/#comments">Comments</a></p> Reference : https://ift.tt/zFUTfNL