The Commerce Department is in talks with quantum computing firms like IonQ, Rigetti Computing, and D-Wave Quantum about potential federal funding in exchange for government equity stakes. The proposed funding would start at $10 million per company, with other firms like Quantum Computing Inc. and Atom Computing considering similar deals. Following the U.S. taking a stake in Intel, shares of quantum computing companies rose by 10% premarket. The funding structure may include warrants, royalties, or intellectual property licenses in addition to equity stakes. This is a developing story that will be updated as more details emerge.

Read more at Quiver Quantitative: U.S. Weighs Equity Stakes in Quantum Computing Firms Under New Funding Plan