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Trump administration denies report it’s seeking stakes in quantum computing firms amid China tech race

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3 hours ago

The Trump administration is not in talks to take equity stakes in U.S. quantum computing firms, the Commerce Department confirmed to FOX Business Thursday, pushing back on a Wall Street Journal report that suggested the government was exploring investments in companies, including IonQ, Rigetti Computing and D-Wave Quantum."The Commerce Department is not currently negotiating equity stakes with quantum computing companies," a Commerce spokesperson told FOX Business.The statement came after the Journal cited unnamed sources claiming the administration had considered taking stakes in select quant...

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