The Trump administration is not in talks to take equity stakes in U.S. quantum computing firms, the Commerce Department confirmed to FOX Business Thursday, pushing back on a Wall Street Journal report that suggested the government was exploring investments in companies, including IonQ, Rigetti Computing and D-Wave Quantum.

"The Commerce Department is not currently negotiating equity stakes with quantum computing companies," a Commerce spokesperson told FOX Business.

The statement came after the Journal cited unnamed sources claiming the administration had considered taking stakes in select quantum startups as part of a broader effort to strengthen America’s edge against China in advanced technology.

According to CNBC , the Trump administration previously took a 10% stake in Intel

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