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U.S. takes minority stakes in quantum firms in $300M CHIPS deal

The U.S. government will take minority equity stakes in D-Wave Quantum, Rigetti Computing and Quantinuum under a combined $300 million CHIPS Act deal, with each firm receiving $100 million to scale quantum-computing research.

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03:27:46 PM UTC
SquawkNews
U.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal — Update

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’ efforts to scale quantum-computing research. S. Department of Commerce.