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Trump Eyes Government Control of Quantum Computing Firms With Intel-Like Deals
Donald Trump is eyeing taking equity stakes in quantum computing firms in exchange for federal funding, The Wall Street Journal reported.
At least five companies are weighing whether allowing the government to become a shareholder would be worth it to snag funding that the Trump administration has "earmarked for promising technology companies," sources familiar with the potential deals told the WSJ.
IonQ, Rigetti Computing, and D-Wave Quantum are currently in talks with the government over potential funding agreements, with minimum awards of $10 million each, some sources said. Quantum Computing Inc. and Atom Computing are reportedly "considering similar arrangements," as are other companies in the sector, which is viewed as critical for scientific advancements and next-generation technologies.
No deals have been completed yet, sources said, and terms could change as quantum-computing firms weigh the potential risks of government influence over their operations.
(Score: 5, Insightful) by Thexalon on Tuesday October 28, @11:37AM (1 child)
Well, that, and a general merging of corporate and government power around a single leader who has the goal of controlling the population as a whole and purging minorities from that population. I remember a government that made a big deal about doing that, but a lot of the writing about it was in German ...
"Think of how stupid the average person is. Then realize half of 'em are stupider than that." - George Carlin
(Score: 0) by Anonymous Coward on Wednesday October 29, @09:36PM
I mean, maybe, but let's look at who we're talking about. The whole point will be to pump up his crypto currency. That's it, beginning and end. If it pwns the libs as well, that's a bonus.