French Government to Invest Over €70 Million ($79M USD) for Launch of a National Quantum Computin...

The €70 Million represents the first funding installment out of an overall funding goal of €170 million for a project to create a hybrid computing platform that will interconnect classical systems and quantum computers. This platform will be located at the Very Large Computing Center at CEA (TGCC) and will be supported by INRIA, the French National Institute for Research in Digital Science and Technology which focuses on computer science and applied mathematics. The platform will be made available to an international community of laboratories, startups and industrial companies. This effort is part of the overall French national strategy of quantum technologies that will invest €1.8 Billion ($2M USD) over a period from 2021-2025 with a goal of creating 16,000 quantum jobs by 2030. For more information about this investment and the French quantum computing strategy, you can read a news release provided by the French government here and a document that describes the overall French quantum computing strategy here. (Hint: Both of those documents are in French, but you can use Google Translate to translate them to English or any of the other languages it supports.)

January 4, 2022