Tag: United States Department of Commerce

BusinessInnovationTechnology

Trump Administration Explores Quantum Computing Investments Through National Security Funding

The Trump administration is in early discussions about directing federal funding to quantum computing companies through national security channels. This move comes as analysts suggest the administration has effectively created a de facto sovereign wealth fund through recent government investments in critical technology firms.

Quantum Computing Funding Under Consideration

The Trump administration is reportedly exploring potential financial support for quantum computing companies using existing legislation, according to sources familiar with the matter. Officials from the Commerce Department have engaged in preliminary discussions with industry executives about utilizing CHIPS Act funding to back projects and companies deemed critical to national security, the report states.

by Ortega Rafael
BusinessScienceTechnology

Commerce Department Denies Equity Negotiations with Quantum Computing Firms

The Commerce Department has officially denied reports that the Trump administration is negotiating equity stakes in quantum computing companies. This contradicts earlier claims from sources familiar with the matter that suggested talks were underway with several quantum firms.

Government Denies Equity Negotiations with Quantum Companies

The U.S. Commerce Department has explicitly denied reports that the federal government is negotiating equity stakes in quantum computing companies, according to an official statement provided to CNBC. A department spokesperson confirmed that “The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” directly contradicting earlier claims about potential government investment in the emerging technology sector.

by Bennett Laura
PolicySocialmedia

Trump Administration Accounts Flood Bluesky, Face Immediate Backlash and Mass Blocking

The Trump administration has expanded its social media presence to Bluesky, with multiple federal agencies creating accounts that immediately posted politically charged content. According to platform tracking data, the White House account has become one of the most blocked on the network within 48 hours of joining.

Federal Government Expands Social Media Presence to Alternative Platform

The Trump administration has brought its social media strategy to Bluesky, with the White House and numerous federal agencies joining the platform on Friday. According to reports, the administration’s approach appears designed to engage with users on a platform known as a left-leaning alternative to Elon Musk’s X.

by Bennett Laura