Germany invests 650 million euros into IBM quantum computing alliance

Germany invests 650 million euros into IBM quantum computing alliance
# 10 September 2019 19:54 (UTC +04:00)

IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years, APA reports citing Reuters.

German government’s backing, sealed at a meeting on Tuesday between Chancellor Angela Merkel and IBM CEO Ginni Rometty, comes as Europe’s largest economy seeks to catch up to the United States and China in a global technology race. IBM said it would install a Q System One quantum computer at one of its facilities in Germany, partnering with the Fraunhofer Gesellschaft - an applied research institute - to build a research effort and community around it.

Quantum computers could operate millions of times faster than today’s advanced supercomputers. The technology is based on quantum bits, or qubits, that can be ‘superposed’ on each other, exponentially increasing the amount of information that can be processed. IBM’s current Q System One machine has 20 qubits: “This effort is poised to be a major catalyst for Europe’s innovation landscape and research capabilities,” Martin Jetter, senior vice president and chairman of IBM Europe, said in a statement.

Note that IBM Q System One, launched in January, has so far been deployed primarily in a research setting but the company - which has branched into cloud computing and artificial intelligence - hopes to turn it into a commercial proposition. Researchers will be able to access the quantum computer via the IBM cloud, with potential tasks ranging from mapping complex molecular structures and chemical reactions to making artificial intelligence more powerful.

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