U.S. puts $300 million into three quantum computing firms for equity stakes, Quartz reports
D-Wave, Rigetti and Quantinuum each finalized a $100 million research and development agreement with the Commerce Department, which will receive minority stakes, Quartz says.
TLDR
Quartz reports that Washington provided $300 million to D-Wave, Rigetti and Quantinuum as part of a broader $2 billion CHIPS Act push. Each company finalized a $100 million research and development agreement with the U.S. Department of Commerce, which the outlet says will receive a minority stake in each firm.
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