Energy Launches Quantum Computer Development Competition
4 Articles
4 Articles
What the DOE’s Quantum Computing Competition Could Mean for Fusion and Battery Materials
The Department of Energy (DOE) on Sept. 17 announced the Quantum Genesis Q Competition, a $215 million initiative to fund private-sector teams racing to build the world’s first fault-tolerant, scientifically relevant quantum computer. Structured as a milestone-based competition rather than a conventional grant, it will pay out fixed awards of up to $1.5 million per […]
Energy launches quantum computer development competition
The Energy Department announced the launch of an initiative on Thursday that looks to turbocharge U.S. deployment of the world’s first fault-tolerant, scientifically relevant quantum computer by offering private sector firms monetary incentives for reaching key development milestones. The new Quantum Genesis Q Competition will offer up to $215 million in total planned funding to participating companies that submit proposals on ways “to deploy q…
The U.S. Department of Energy opened Quantum Genesis Q, a competition that will target up to $215 million to private companies capable of demonstrating fault-tolerant quantum computers, with targets starting at 100 logical qubits and reaching up to 200.
DOE Puts Up $215 Million Competition To Build Fault-Tolerant Quantum Computers
Department of Energy (DOE) today announced the Quantum Genesis Q Competition, an initiative with up to $215 million in planned funding to demonstrate the world’s first fault-tolerant scientifically relevant quantum computers (SRQCs). Applicants are invited to submit proposals to deploy quantum computers with at least 100 logical qubits, capable of performing hundreds of millions fault-tolerant operations.
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