quantum computing funding

Google 'refuses' funding from Trump administration for Quantum Computing; here's why

Google refused to participate in the $2 billion quantum computing funding announced by the US government last month. The tech giant has now explained that the funding from the Trump administration came with "conditions" that would’ve prevented the company from moving as quickly as it wanted in its quantum computing efforts. Speaking at the Semafor Tech Summit in San Francisco this week, Google Quantum AI Chief Operating Officer Charina Chou said the company decided not to pursue the funding...

Quantum Computing Is Having Its Public Market Moment

Quantinuum lost nearly $200 million last year, saw revenue drop the first quarter of 2026, and says its technology may never work–yet investors are clamoring to buy the stock. The quantum computer maker boosted the price and number of shares it will issue on the New York Stock Exchange ahead of its public debut on Thursday, indicating higher-than-anticipated demand. Quantum computers are a nascent technology that promise to solve problems current machines can’t, unlocking commercial...

Quantinuum stock opens at $68 per share after IPO

Quantinuum opened trading at $68 per share on the Nasdaq on Thursday, after upsizing its initial offering. The company raised $1.68 billion in an upsized IPO after it priced at $60 per share, above its earlier range of $53 to $55 per share. At the first trade price, Quantinuum has a market cap of about $17.6 billion.

Honeywell’s quantum company goes public. What investors should know about the IPO

Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company's stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of $53 to $55.

Uncle Sam considers buying a seat on the Titanic

The US government is reportedly weighing whether to take a financial stake in AI companies, which looks a bit like negotiating for a seat on the Titanic. Neither OpenAI nor Anthropic, the marquee brands in US AI, are profitable yet. While Anthropic may be nearer to that point if its accounting survives scrutiny, OpenAI's $1.4 trillion in financial commitments over the next eight years have been interpreted as a red flag for investors.

Microsoft launches its own AI models to take on OpenAI and Anthropic

Seven in-house models unveiled at Build 2026 signal Microsoft's push to cut costs and compete directly on the AI frontier as its biggest investees plan to launch record-breaking IPOs. Microsoft has unveiled a family of seven in-house AI models at its annual Build developer conference in San Francisco, in the clearest sign yet that the tech giant is moving to reduce its dependence on the AI companies it has poured billions into. Mustafa Suleyman, Microsoft AI chief executive, said that after...

When the President Takes a Cut

After talks with Trump admin, Sam Altman may donate equity in OpenAI to the US govt

OpenAI CEO Sam Altman is reportedly in talks with the Trump administration over a proposal that could give the US government a stake in the company. As part of the discussions, OpenAI may donate some of its shares to seed a public wealth fund, a report claims. According to a CNBC report, Altman is in ongoing discussions with the Trump administration over a potential arrangement in which the artificial intelligence (AI) company would donate equity to the US government.

Jim Cramer's top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, June 4 1. The S & P 500 is headed for a lower open, led by a decline in chip stocks after Broadcom failed to raise guidance enough. The Club stock is sinking 15% this morning.

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of this past trading week, had reached over $2.6 billion in assets. That rapid rise is due in part to retail investors hunting for exposure to SpaceX before it goes public.