Trump Administration Announces $2B Equity Investment in Nine Quantum Computing Firms, IBM Receives $1B

Deal Summary

The Trump administration announced a $2 billion equity investment in nine quantum-computing companies, with IBM slated to receive $1 billion, half of the total. The government will take equity stakes in firms including IBM, Rigetti, D-Wave and IonQ, marking a shift toward venture-style investing rather than traditional grants. The move aims to accelerate quantum technology development across multiple sectors.