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The UK Is Building its First Commercial Quantum Computer; Announces $13.36 M Investment

By IQT News posted 03 Sep 2020

(ZDNet) The UK’s science minister Amanda Solloway has announced the country’s very first commercial quantum computer, backed by a £10 million ($13.36 million) investment from government and industry, to be available to use by businesses within the next few years.
The new machine is expected to help businesses unleash the billion-dollar opportunities promised by the quantum revolution in industries ranging from pharmaceuticals and transport to aerospace.
Solloway said: “Our ambition is to be the world’s first quantum-ready economy, which could provide UK businesses and industries with billions of pounds worth of opportunities. Therefore, I am delighted that companies across the country will have access to our first commercial quantum computer, to be based in Abingdon.”
California-based company Rigetti Computing will develop the quantum computer over a three-year programme, in partnership with various UK organizations such as the University of Edinburgh, Oxford Instruments, Standard Chartered Bank and Phasecraft.

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