Intel Invests US$50 Million to Advance Quantum Computing
September 03 2015 - 7:00AM
Business Wire
NEWS HIGHLIGHTS
- Intel will invest US$50 million with
QuTech, the quantum research institute of Delft University of
Technology (TU Delft) and TNO, and will dedicate engineering
resources to advance research efforts.
- The collaboration over the next 10
years will accelerate quantum computing research, which holds the
promise of solving complex problems that are practically
insurmountable today.
Today Intel Corporation announced a 10-year collaborative
relationship with the Delft University of Technology and TNO, the
Dutch Organisation for Applied Research, to accelerate advancements
in quantum computing. To achieve this goal, Intel will invest US$50
million and will provide significant engineering resources both
on-site and at Intel, as well as technical support.
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Quantum computing holds the promise of solving complex problems
that are practically insurmountable today, including intricate
simulations such as large-scale financial analysis and more
effective drug development. Quantum computing is an area of
research that Intel has been exploring because it has the potential
to augment the capabilities of tomorrow’s high performance
computers.
“A fully functioning quantum computer is at least a dozen years
away, but the practical and theoretical research efforts we’re
announcing today mark an important milestone in the journey to
bring it closer to reality,” said Mike Mayberry, Intel vice
president and managing director of Intel Labs.
Intel’s goal is to extend the university’s physics expertise and
diverse quantum computing research efforts by contributing advanced
manufacturing, electronics and architectural expertise.
It believes no one company or organization will succeed alone in
unlocking the path to advanced quantum computing. Instead,
partnerships – such as this one between Intel and the QuTech
institute in Delft – and industry collaboration will help realize
the promise of such a technically complex issue.
“Expertise in specialized electronics combined with advanced
physics is required to move quantum computing closer to being a
reality,” said Mayberry. “While qubit development has been the
focus of quantum computing research to date, low-temperature
electronics will be required to connect, control and measure
multiple qubits, and this is where we can contribute. Our
collaboration with QuTech will explore quantum computing
breakthroughs that could influence the industry overall.”
“In the next five to 10 years, progress in quantum computing
will increasingly require the combination of excellent science with
high-level engineering,” said lead scientist Lieven Vandersypen
from QuTech. “For the realization of complex circuits containing
large numbers of quantum bits, the know-how from the semiconductor
industry is essential, and QuTech is thrilled to partner with the
leading semiconductor company in the world.”
Intel CEO Brian Krzanich published a blog today explaining the
company’s strategic interest in quantum computing, and the
relevance of electronics and manufacturing expertise in making
quantum computing a reality.
What is Quantum Computing?
Quantum computers use quantum bits (qubits), unlike digital
computers, which are based on transistors and require data to be
encoded into binary digits (bits). These qubits can exist in
multiple states simultaneously, offering the potential to compute a
large number of calculations in parallel, speeding time to
resolution.
About Intel
Intel (NASDAQ:INTC) is a world leader in computing innovation.
The company designs and builds the essential technologies that
serve as the foundation for the world's computing devices. As a
leader in corporate responsibility and sustainability, Intel also
manufactures the world's first commercially available
“conflict-free” microprocessors. Additional information about Intel
is available at newsroom.intel.com and blogs.intel.com, and about
Intel’s conflict-free efforts at conflictfree.intel.com.
About TU Delft
Delft University of Technology, or TU Delft, is the oldest and
largest Technical University in the Netherlands, founded in 1842.
It employs about 5000 staff, and has more than 20.000 campus
students. It has 8 faculties, including the Faculty of Applied
Sciences and the Faculty of Electrical Engineering, Mathematics and
Computer Science. Staff of both faculties form the main workforce
of QuTech. QuTech staff from Applied Sciences are also part of the
Kavli Institute of Nanotechnology Delft, partly funded by the
prestigious Kavli Foundation from the United States.
About TNO
TNO has some 3000 professionals who put their knowledge and
experience to work in creating smart solutions to complex issues.
These innovations help to sustainably strengthen industrial
competitiveness and social wellbeing. We are partnered by some 3000
companies and organisations, including SMEs, in the Netherlands and
around the world. For example on the topic of Industrial Innovation
we reinforce the innovative strength of industry through innovation
in products and processes, with a strong focus on
sustainability.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
*Other names and brands may be claimed as the property of
others.
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version on businesswire.com: http://www.businesswire.com/news/home/20150903005352/en/
Intel CorporationLaura Anderson,
480-552-9020laura.m.anderson@intel.comTU DelftMichel van Baal, +31
15 278 5454m.vanbaal@tudelft.nl
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