Quantum Computing Shifts to Cities

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quantum industry

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Technology

Call it 'Qubit County': The 5 locations poised to become the Silicon Valley of quantum computing

Summary

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Quantum computing is a field that leverages quantum mechanics to solve complex problems faster than is possible using classical computers.

Researchers are optimistic breakthroughs in the field could revolutionize medicine, data privacy, and more.

The quantum industry attracted $1.2 billion from venture capitalists in 2023 despite a 50% drop in overall tech investments that year .

IonQ CEO: Maryland is "chock full of all the right elements to create the capital of quantum" Maryland Gov. Wes Moore announced a $1 billion public-private partnership to "cement Maryland as a global leader in quantum information science and technology " University of Colorado Boulder , Colorado State University , and the Colorado School of Mines launched a quantum tech incubator in Boulder earlier this year .