The Financial Post reports in its Saturday, May 23, edition that the United States government will invest $2-billion in various quantum computing companies, including a start-up linked to the Trump family and one taken public by a Pentagon official (all figures U.S.). A Financial Times dispatch to the Post reports that the Commerce Department's announcement of signed letters of intent with nine companies, including Globalfoundries and IBM, boosted shares in quantum specialists. IBM is set to get $1-billion and Globalfoundries will receive $375-million. D-wave Quantum, an awardee that was taken public in 2022 by Emil Michael -- now a top Pentagon official --was up more than 20 per cent. Among the recipients was also Psiquantum, which last year raised money from a group of investors including 1789 Capital, the venture capital firm at which Donald Trump Jr. is a partner. The company is set to receive $100-million, by far its largest U.S. government award to date. The Trump administration's latest move involves granting funds to companies in key sectors, like semiconductors and critical minerals, in return for equity stakes. Last year, the Commerce Department took a 10-per-cent stake in Intel.