GovernmentInnovationTechnology

US Government Explores Equity Investments in Quantum Computing Sector

The US government is reportedly considering taking equity positions in leading quantum computing companies through federal funding agreements. Multiple quantum firms are said to be in discussions for minimum $10 million investments in exchange for government ownership stakes.

Government Equity Program Expands to Quantum Sector

The US Commerce Department has reportedly initiated discussions with several quantum computing companies about potential equity investments, according to sources familiar with the matter. The program would see the government taking ownership stakes in exchange for federal funding, marking a significant expansion of Washington’s direct investment in strategic technology sectors.

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Canada Announces New Financial Crimes Agency and National Anti-Fraud Strategy to Combat Rising Scams

The Canadian government is establishing a dedicated Financial Crimes Agency and National Anti-Fraud Strategy as fraud losses hit $643 million in 2024. The initiative aims to protect vulnerable groups and modernize financial crime enforcement by 2026.

New Federal Agency to Target Financial Crime

Canada is creating its first standalone Financial Crimes Agency as part of a sweeping national strategy to combat online fraud and financial scams, according to government reports. The announcement from Finance Minister François-Philippe Champagne comes amid what officials describe as a dramatic increase in financial crimes targeting Canadians, with reported losses reaching $643 million in 2024 alone.