Monday, 7 September 2015

Intel to invest $50m in quantum research collaboration


Intel, Delft University of Technology and TNO, the Dutch Organisation for Applied Research, have embarked on a 10 year project to accelerate advancements in quantum computing. As part of the collaboration, Intel will invest $50million, as well as engineering resources and technical support.
"A fully functioning quantum computer is at least a dozen years away,” said Mike Mayberry, pictured, managing director of Intel Labs, “but the practical and theoretical research efforts we’re announcing today mark an important milestone in the journey to bring it closer to reality. Our collaboration … will explore quantum computing breakthroughs that could influence the industry overall.”
Intel has made the investment in the belief that no one company or organisation will succeed alone in developing quantum computing. Instead, it will require partnerships such as the one it has just entered.
“In the next five to 10 years, progress in quantum computing will increasingly require the combination of excellent science with high-level engineering,” said Lieven Vandersypen, lead scientist at Delft’s QuTech Institute. “For the realisation of complex circuits containing large numbers of quantum bits, the know how from the semiconductor industry is essential and QuTech is thrilled to partner with the leading semiconductor company in the world.”
Intel’s CEO Brian Krzanich noted: “Quantum computing holds the promise of solving complex problems that are practically insurmountable today, changing the world for the better.