Unlocking the Potential of Quantum Computing: Funding and Innovation Initiatives - News Summed Up

Unlocking the Potential of Quantum Computing: Funding and Innovation Initiatives


The Chancellor, Jeremy Hunt, is set to unveil ambitious quantum computing initiatives during this week’s Autumn Statement. Quantum computers, utilizing the unique properties of quantum physics, hold immense potential for advancements in engineering and science. Funding for these initiatives is expected to come from the £2.5 billion allocated as part of the UK’s 10-year quantum computing roadmap. The global race to master quantum computing has underscored the need for continued investment and innovation in order to maintain leadership. As the government introduces these groundbreaking initiatives, it signals the commitment to unlocking the immense potential of quantum computing.


Source: The Guardian November 20, 2023 12:06 UTC



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