Very interesting to see US Gov start taking equity stakes into strategically important companies. At some point, we will have to describe these are 'State Own Enterprises or SOE's, not uncommon in other countries. The question is how does the US support the sector, rather than 'pick the winners' - unclear whether US Gov is clear on this, maybe it is matter of feeling your forward, 'crossing the river by feeling for the rocks underneath your feet', as it were
WASHINGTON—Several quantum-computing companies are in talks to give the Commerce Department equity stakes in exchange for federal funding, a signal that the Trump administration is expanding its interventions in what it sees as critical segments of the economy.
Very interesting to see US Gov start taking equity stakes into strategically important companies. At some point, we will have to describe these are 'State Own Enterprises or SOE's, not uncommon in other countries. The question is how does the US support the sector, rather than 'pick the winners' - unclear whether US Gov is clear on this, maybe it is matter of feeling your forward, 'crossing the river by feeling for the rocks underneath your feet', as it were
https://archive.ph/j7i2t
Seize control of the means of production! You have nothing to lose but your chains!
The US is starting to mimic China--- in every way except social responsibility.
WASHINGTON—Several quantum-computing companies are in talks to give the Commerce Department equity stakes in exchange for federal funding, a signal that the Trump administration is expanding its interventions in what it sees as critical segments of the economy.