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Intel Promises $50 Million for Quantum Computing Research

Sustainable Development

Intel Promises $50 Million for Quantum Computing Research

by The Daily Eye Team September 7 2015, 3:49 pm Estimated Reading Time: 0 mins, 24 secs

On Friday, Intel CEO Brian Krzanich published an open letter pledging to invest $50 million in long-term quantum computing research. Keywords here are long-term: While 2022 seems like a reasonable outlook for 5 nanometer chip manufacturing nodes, quantum computers are at least 12 years away, according to Intel’s estimates. The investment will put Intel into the same ring as IBM and Google, both of whom are pushing aggressively into fundamental quantum computing research.

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