The Wall Street Journal reported several quantum computing firms are in talks to grant equity shares to the government in exchange for federal funding.

Quantum-computing stocks surged after The Wall Street Journal reported that several companies are in talks to give the Commerce Department equity stakes in exchange for federal funding. Shares in Rigetti Computing (RGTI),

The Trump administration is in early-stage conversations with quantum computing companies to discuss potential financial support for an industry that’s part of the growing race with China for technology supremacy.

The new quantum computing algorithm, called "Quantum Echoes," is the first that can be independently verified by running it on another quantum computer.

The US is taking equity stakes in quantum-computing firms, signaling a bold new era of state-backed innovation in a trillion-dollar frontier technology.

U.S. President Donald Trump's administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday,

Shares in quantum computing firms are getting a lift Thursday on reports that the Trump administration is in discussions to take equity stakes in them in exchange for federal funding. IonQ, Rigetti, D-Wave Quantum, and Quantum Computing are among the companies said to be involved in the talks.

Quantum echoes” rippling through Google’s quantum computer chip Willow could lead to advances in molecular chemistry and the physics of black holes

The firm says it has solved a problem on a quantum processor faster than a classical computer, and is optimistic about future scientific applications.