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Trump Eyes Government Control of Quantum Computing Firms With Intel-Like Deals

posted by hubie on Tuesday October 28, @07:04AM   Printer-friendly
from the the-collapse-of-democracy dept.

"Anonymouse" writes:

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.

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  • (Score: 4, Interesting) by RedGreen on Tuesday October 28, @12:05PM (3 children)

    by RedGreen (888) on Tuesday October 28, @12:05PM (#1422600)

    bah blah blah among other lies used to be the talking points of the Repugnant Party. Now they are full on government into every aspect of your life and how you live it along with all this socialist/communists crap they used to go on about they now do as well.

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  • (Score: 1, Troll) by Anonymous Coward on Tuesday October 28, @02:06PM (2 children)

    by Anonymous Coward on Tuesday October 28, @02:06PM (#1422607)

    ... among other lies used to be the talking points of the Repugnant Party.

    I don't know why people talk about that shit anymore. The whole world is going fascist for a fast buck. Look at what just happened in Argentina, sold their souls for $40B.

    • (Score: -1, Troll) by Anonymous Coward on Tuesday October 28, @08:46PM

      by Anonymous Coward on Tuesday October 28, @08:46PM (#1422642)

      Troll

      Sorry, didn't mean to rain on the charade, but in this business there is only one truth, "The dollar always talks in the end" [theguardian.com]

      Stop hiding behind partisan bullshit. Biden's "Inflation Reduction Act" was no less corrupt. It's strictly business

    • (Score: 1) by khallow on Wednesday October 29, @03:42AM

      by khallow (3766) Subscriber Badge on Wednesday October 29, @03:42AM (#1422668) Journal

      Look at what just happened in Argentina, sold their souls for $40B.

      How much was the other side offering for souls? 200% inflation, right? Perhaps the deal was just better?