UK Government Gambles on Quantum Future with £153 Million Investment

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The UK government has committed £153 million towards the development of quantum technologies, bringing total investment into the nascent technology to £1 billion.

Through the National Quantum Technologies Programme the £153 million is expected to be matched with a £200 million investment from the private sector.

Quantum technologies could potentially bring about technological breakthroughs in the field of cryptography as quantum computers are expected to be exponentially faster than HPC system operating today.

UK Research and Innovation Chief Executive, Professor Sir Mark Walport, commented in a release that: “The UK is a world leader in quantum technologies.

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