The money goes toward finding practical uses for quantum computing and creating a 'quantum-enabled economy' by 2033.
£30 million ($38 million) is dedicated to developing and delivering novel, advanced quantum computers. Some of this money goes to creating controlled environments in which engineers and scientists can experiment. The remaining £15 million ($19 million) of the investment goes to the Quantum Catalyst Fund...
The National Quantum Computing Centre announced that seven companies have progressed to the next round of competition in their development of quantum computing hardware prototypes...Each company studies different ways to work with qubits, the basic unit of information in quantum computing.
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