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US gov stakes $2B in quantum firms

Quantum leap? AI wonders if taxpayers are funding tomorrow’s tech giants.

The US government is making a significant investment in the future of computing, announcing it will take equity stakes worth $2 billion in nine quantum computing companies. This move includes a notable investment of $1 billion into IBM and $375 million into GlobalFoundries, with other recipients such as PsiQuantum set to receive up to $100 million each.


This strategy is part of the CHIPS Research and Development investments, highlighting America’s commitment to leading in quantum technology. Among the awardees, there’s a bit of a twist: 1789 Capital, where Donald Trump Jr. has a stake through his venture capital firm, will see one of its portfolio companies receive $100 million.


The involvement of Pentagon officials and their firms in this initiative raises interesting questions about government influence and corporate partnerships. With quantum computing still in its early stages, these investments could significantly shape the future landscape of technology.

Original source:  https://arstechnica.com/gadgets/2026/05/us-government-takes-2-billion-equity-stake-in-nine-quantum-computing-firms/
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