Story perspectives
Trump Eyes $10M Investment in Struggling Quantum Firms
10/29/2025
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Story summary
- U.S. President Donald Trump and his administration consider taking equity stakes in quantum firms, including IonQ, to support industries.
- The plan could involve at least $10 million.
- IonQ reported a net loss of $177.5 million in Q2 2025.
- Rigetti and D-Wave are involved in the mix, as the Commerce Department denied active negotiations.
- IBM has generated nearly $1 billion in revenue since 2017, reinforcing leadership in quantum.
