Washington is considering direct investments in US quantum computing companies as it seeks to keep pace with China’s tech capabilities.
The United States is reportedly in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests.
Department of Commerce officials are exploring investing in quantum computer technology using funds earmarked for the CHIPS Act to remain competitive with China, Bloomberg reported on Thursday.
The officials signaled that the government wants something in exchange for the financing, which could include a stake in the companies, the sources said.
