Tags: trump | quantum | computing | stakes

Trump Admin Weighs Stakes in Quantum-Computing Firms

Trump Admin Weighs Stakes in Quantum-Computing Firms
A part of the first European exascale-class supercomputer is seen at the launch event for the new JUPITER supercomputer at the Julich Research center on September 5, 2025 in Julich, Germany. (Sascha Schuermann/Getty Images)

Thursday, 23 October 2025 06:51 AM EDT

U.S. President Donald Trump's administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, The Wall Street Journal reports, citing people familiar with the matter.

Companies including IonQ, Rigetti Computing, and D-Wave Quantum are discussing the government becoming a shareholder as part of the agreements, the Wednesday report said, adding that the discussions include minimum funding awards from Washington of $10 million each.

Other companies such as Quantum Computing and Atom Computing are considering similar arrangements, The Journal added.

Reuters could not immediately verify the report. A U.S. Commerce official told Reuters in an emailed statement that the department is not currently negotiating with any of the companies.

Earlier this year, Trump said the U.S. would take a 10% stake in Intel that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

Other deals include an agreement for the Pentagon to become the largest shareholder in a small mining company, MP Materials to boost output of rare earth magnets and the U.S. government's winning a "golden share" with certain veto rights as part of a deal to allow Japan's Nippon Steel to buy U.S. Steel.

Ion declined to comment while the White House, Rigetti Computing, D-Wave Quantum, Atom Computing and Quantum Computing did not immediately respond to a Reuters request for comment.

U.S. Deputy Commerce Secretary Paul Dabbar, a former quantum-computing executive and Energy Department official, is leading the funding discussions with companies in the industry, the WSJ report said, citing people familiar with the matter.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. President Donald Trump's administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, The Wall Street Journal reports.
trump, quantum, computing, stakes
262
2025-51-23
Thursday, 23 October 2025 06:51 AM
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