U.S. government seeks to acquire more ownership in U.S. businesses
- sciart0
- Oct 23
- 1 min read
Quick Summary
Several quantum-computing companies are negotiating with the Commerce Department for federal funding in exchange for equity stakes.
The Trump administration is expanding its strategy of taking equity in companies receiving taxpayer funds, following a nearly 10% stake in Intel.
The funding, potentially $10 million minimum per company, would support quantum computing, a critical next-generation technology.