US Considers Quantum Computing Investments Amid Tech Competition with China
The United States is reportedly considering financial support for quantum computing firms through CHIPS Act funding. This initiative aims to bolster national security amid growing technological competition with China. Discussions remain in preliminary stages according to sources familiar with the matter.
Administration Explores Quantum Computing Funding Options
The Trump administration has initiated preliminary discussions with quantum computing companies about potential financial support, according to reports from people familiar with the matter. Sources indicate these conversations focus on leveraging the administration’s technology competition strategy against China, though no formal agreements have been reached.