These sorts of arrangements have been normalized with breathtaking speed.
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The U.S. government on Thursday said that it has agreed to take equity stakes in nine quantum computing companies, tied to $2 billion in CHIPS Act grants.
Why it matters: These sorts of quasi-socialist arrangements have been normalized with breathtaking speed.
U.S. awards $2 billion to quantum computing firms, takes equity stakes
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U.S. Awards $2 Billion to Nine Quantum Computing Companies | OilPrice.com
The US government is spending $2 billion on quantum computing, while taking stock in the companies it funds
