Germany to support quantum computing with 2 billion euros :

Germany to support quantum computing with 2 billion euros
Reuters
1 day ago
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FILE PHOTO: German Economy Minister Altmaier addresses a news conference
BERLIN (Reuters) - Germany will spend about 2 billion euros ($2.4 billion) to support the development of its first quantum computer and related technologies in the next four years, the economy and science ministries said on Tuesday.
The science ministry will spend 1.1 billion euros by 2025 to support research and development in quantum computing, which uses the phenomena of quantum mechanics to deliver a leap forward in computation.
The economy ministry will spend 878 million euros backing practical applications.
Germany's Aerospace Center (DLR) will receive the bulk of the subsidies - about 740 million euros - to team up with industrial companies, medium-sized enterprises and start-ups to forge two consortia, the economy ministry said.

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