TechFlow news, October 23 — According to Jinshi Data, sources revealed that the Wall Street Journal's report regarding government talks on taking equity stakes in quantum computing companies does not reflect the actual considerations of the Trump administration. The newspaper reported on Thursday that several quantum computing firms, including IonQ, Rigetti Computing, and D-Wave Quantum, are negotiating with the Department of Commerce to exchange equity for federal funding, while companies such as Quantum Computing and Atom Computing are also considering similar arrangements. Sources indicated that although these companies have proactively contacted the White House and the government has received numerous equity financing proposals, Trump insists on accountability for taxpayer funds, and any investment would draw from the remaining funds committed under the Trump administration's restructured version of Biden's CHIPS Act. Current evaluation plans may involve warrants or loans and are not necessarily limited to the companies mentioned in the report.
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