4 outlets·5 reports
Shares of quantum computing companies surged Thursday after the US government awarded grants and took equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12% (Chloe Taylor/CNBC)
ThinkingNews Desk · how this was written
The U.S. Commerce Department is allocating $2 billion in grants and taking equity stakes in nine quantum-computing firms, with IBM slated to receive $1 billion of the package. Following the announcements, shares of the companies rose sharply, with D-Wave up about 33%, Rigetti up roughly 30%, and IBM gaining around 12%.
Written from all 4 reports below, not from any single one.
How it was reported
- TechMeme·The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package (Wall Street Journal)
- Engadget·US is taking equity stakes in IBM and other quantum computing companies
The US government has taken $2 billion worth of equity stakes in quantum computing companies. IBM is among the companies invested in. The investments include a company linked to the Trump family.
- Ars Technica·US government takes $2 billion equity stake in nine quantum computing firms
- The Next Web·IBM lands $1bn as US backs nine quantum companies for $2bn
- TechMeme·Shares of quantum computing companies surged Thursday after the US government awarded grants and took equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12% (Chloe Taylor/CNBC)
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