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Intel commits $50 million and engineering resources for advanced quantum

In an open letter, Intel CEO Brian Krzanich has announced Intel’s partnership with QuTech, the quantum research institute Delft University of Technology, and TNO, the Dutch Organization for Applied Research.

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Moreover, quantum computing has the capability to solve multifarious complications that are challenging; which include complex models, such as drug development and financial analysis.

In the last six months or so, we’ve seen IBM claim two “critical advances” in the technology, while a Cambridge based company trumpeted its development of an operating system for a quantum computer.

Quantum computing, which was discovered around 14 years back, is considered to be an exciting and promising area of research.

Mike Mayberry, managing director of Intel Labs, says it will be “at least a dozen years” before that happens.

“Expertise in specialized electronics combined with advanced physics is required to move quantum computing closer to being a reality”, said Mayberry. “Whereas qubit improvement has been the main target of quantum computing analysis so far, low-temperature electronics can be required to attach, management and measure a number of qubits, and that is the place we will contribute”. In the announcement made Thursday, Intel said along with funding, it will also provide engineering resources in the project. Quantum computing increases the probability of several breakthroughs in chip space and increasing the chances for new applications.

Furthermore, QuTech lead scientist Lieven Vandersypen comments, “In the next five to 10 years, progress in quantum computing will increasingly require the combination of excellent science with high-level engineering”.

The quantum computers are not similar to digital computers they use quantum bits that have the ability to exist in multiple states at the same time.

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Intel is looking to delve into the quantum computing segment because it has the prospective to expand the competences of high performance computers in future. Intel believes it has the potential to augment the capabilities of tomorrow’s high performance computers.

Intel invests $50 million in quantum computing effort