First rare earths and chips, now quantum computers: Trump reportedly eyes new U.S. stakes
Summary
The Trump administration is reportedly discussing equity stakes in quantum-computing firms in exchange for federal funding. The companies mentioned include IonQ, Rigetti Computing, D-Wave Quantum, Quantum Computing Inc., and Atom Computing. The report suggests minimum awards of $10 million per company and frames the move as part of a broader push to back strategically important technologies. The Commerce Department denied that active equity talks are underway, but the story still highlights growing federal interest in quantum computing as a national-security priority.
Funding
Amount
$400.0M
Total raised
Date
October 23, 2025
Announcement date
Investors
Intel, U.S. Department of Commerce, Rigetti Computing, U.S. Department of Defense
Lead investors
Company
mpmaterials.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Developer Tools
AI/ML Software
Security Software
