US Media: US Has Not Entered into Negotiations to Invest in Quantum Company

On October 23rd, as per the sources cited by Yahoo Finance, the report in the Wall Street Journal regarding the government's negotiations to acquire stakes in quantum computing companies does not conform to the actual considerations of the Trump administration. The report stated on Thursday that several quantum computing companies, such as IonQ, Rigetti Computing, and D-Wave Quantum, are engaged in discussions with the Department of Commerce to exchange equity for federal funding. Companies like Quantum Computing and Atom Computing are also giving thought to similar arrangements. It was revealed that although these companies have proactively reached out to the White House and the government has received a large number of equity financing proposals, Trump insists on being cautious with taxpayer funds, and any investment will utilize the remaining funds from the Trump administration's restructuring of the Biden version of the "Chip Act." The current assessment of the plan may involve warrants or loans and may not necessarily be restricted to the companies mentioned in the report.