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Tuesday, June 22, 2021

The Netherlands invests €615 million on quantum computing

The UK and IBM government are planning on investing £210 million in quantum computing technology, that is estimated to happen for the next 5 years.

UKRI, the government’s UK Research and Innovation are to invest £172 million, from which £38 million will come form IBM. On the other hand, the work will be taking place in north-west England, precisely on the Daresbury Laboratory.

”This partnership established our first Discovery Accelerator in Europe driven by our two UK-based IBM Research locations in Hursley and Daresbury as they contribute to our global mission of building discovery-driven communities around the world.” said Dario Gil, head of IBM Research.

The UK comes with this move a few days after the European Commission chose a consortium of firms and research institutes in order to learn the design of the upcoming European quantum communication technology EuroQCI. Airbus is the leader of this EU consortium, along with Orange, PwC and Leonardo.

In order to further promote the country’s work in quantum technology, the Netherlands’ government invested €615 million back in April, which was more than twice the amount of UK.

According to the UK government, the centre will join together an expertise with a world-leading experience in artificial intelligence (AI) as well as quantum computing in order to promote the application of the cutting-edge technologies in the public sector and industry.

Possible applications include optimizing complex logistics like packing and selecting orders for supermarkets in big warehouses; energy distribution, traffic routing and making the design better.

”The world is facing grand challenges which demand a different approach towards science in computing, including AI and quantum computing, to engage a broad community across industry, government, and academia to accelerate discovery in science and business.” further said Gil.

According to professor Mark Thompson who is an executive chair of the Science and Technology Facilities Council, the programme ”will foster discovery and provide a stimulus for industry innovation in the UK. By allowing industry to access a ready-made community of digital experts and cutting-edge technology, it will provide momentum for new ideas and solutions.”

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