U.S. takes minority stakes in D-Wave, Rigetti, Quantinuum in $300M CHIPS deal
The U.S. government will take minority equity stakes in D-Wave Quantum, Rigetti Computing and Quantinuum in a combined $300 million CHIPS Act deal supporting scaling of quantum-computing research.
S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing and Quantinuum under a combined $300 million CHIPS Act deal to fund the three companies as they scale quantum-computing research. The news sent shares of all three companies higher in premarket.