Washington Is Taking Equity in Quantum Computing: 9 Companies Get $2B in Government Backing
The U.S. government is becoming a shareholder in the quantum computing industry.
The Commerce Department is putting approximately $2B into nine quantum companies, taking equity stakes in return rather than relying solely on traditional grants.
Here's where the money is going:
🇺🇸 Government Investments
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$IBM(IBM)$ : $1B to launch Anderon, a dedicated U.S. quantum chip foundry. IBM is contributing another $1B of its own.
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$GLOBALFOUNDRIES Inc.(GFS)$ : $375M, with the government taking approximately a 1% stake.
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$D-Wave Quantum Inc.(QBTS)$ $Rigetti Computing(RGTI)$ and Infleqtion: Approximately $100M each.
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Diraq: Up to $38M.
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Quantinuum and PsiQuantum are also included in the investment group.
The equity component is significant. Washington is treating quantum computing as a strategic technology with national security implications and a growing competitive dimension with China.
🏦 Big Tech Is Already Positioning for the Quantum Race
Government investment is only part of the story. Major technology companies have been building their own quantum capabilities and backing startups.
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$NVIDIA(NVDA)$ : Through its venture investment arm, Nvidia has backed Quantinuum, PsiQuantum and QuEra, covering three major quantum hardware approaches.
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$Advanced Micro Devices(AMD)$ : Partnered with $IBM on quantum-centric supercomputing, combining quantum processors with AMD CPUs and GPUs.
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$Alphabet(GOOGL)$ : Developing its own Willow quantum chip and investing in QuEra.
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$Amazon.com(AMZN)$ : Developing the Ocelot quantum chip, operating the Braket quantum cloud service and holding a stake in $IONQ.
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$Microsoft(MSFT)$ : Developing Majorana-based topological quantum chips.
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$Honeywell(HON)$ : Owns approximately 52% of Quantinuum.
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