IBM Gives Chicago’s Quantum Campus a Boost With New Investment
- IBM will build its first national algorithm center in Chicago
- Initiative will focus on real world uses for quantum computing
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Illinois Governor JB Pritzker has scored another win as International Business Machines Corp. is investing in the state’s new quantum and microelectronics park in Chicago.
IBM and partners including the University of Chicago and the University of Illinois Urbana-Champaign will build the first ever national algorithm center for quantum computing in the city’s South Side, the company said in a statement on Thursday. The state will provide a $25 million grant that will help purchase equipment for the IBM project.