UK government invests $194M to commercialize quantum computing

TechCrunch | 6/13/2019 | Staff
bluelilly (Posted by) Level 3
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The UK government today announced a £153 million investment into efforts to commercialize quantum computing. That’s about $193 million and with additional commitments from numerous industry players, that number goes up to over $440 million. With this, the UK’s National Quantum Technologies Programme has now passed £1 billion (or about $1.27 billion) in investments since its inception in 2014.

In the US, president Trump last year signed into law a $1.2 billion investment into quantum computing and the European Union, which the UK is infamously trying to leave, also launched a similarly-sized plan. Indeed, it’s hard not to look at this announcement in the context of Brexit, which would cut the UK off from these European efforts, though it’s worth noting that the UK obviously has a long history of fundamental computer science research, something that is surely also motivating these efforts.

Milestone - Quantum - Science - UK - UK

“This milestone shows that Quantum is no longer an experimental science for the UK,” UK Science Minister Chris Skidmore said in today’s announcement. “Investment by government and businesses is paying off, as we become one of the world’s leading nations for quantum science and technologies. Now industry is turning what was once a futuristic pipedream into life-changing products.”

Specifically, the UK program is looking into research that...
(Excerpt) Read more at: TechCrunch
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