US boosts quantum sector with 2 billion dollars in equity investments

The US government is taking 2 billion dollars in equity stakes across nine quantum computing companies, including IBM, GlobalFoundries, D-Wave, PsiQuantum and several startups. IBM will receive 1 billion dollars, while GlobalFoundries gets 375 million, sending their shares up sharply. Some of the beneficiaries have ties to Donald Trump Jr. or current Pentagon officials, raising scrutiny over potential conflicts of interest. The investments are part of the administration's broader strategy to secure leadership in strategic technologies despite ongoing engineering challenges in quantum computing.

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