Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
IBM to Join Quantum Computing Campus in Chicago
IBM and Illinois Governor JB Pritzker have announced a collaboration to establish the new National Quantum Algorithm Center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago.
Anchored by IBM and other quantum computing companies including the University of Chicago and the University of Illinois Urbana-Champaign, the center will be fueled by IBM’s quantum computer, IBM Quantum System Two, which the company plans to deploy in Chicago in the coming year.
“We are proud of the progress we have made to bring useful quantum technology to the world, and this new partnership with the State of Illinois and its thriving innovation ecosystem brings us one step closer to defining the future of computing,” said Arvind Krishna, Chairman and CEO, IBM.
“The groundbreaking National Quantum Algorithm Center in Illinois represents a transformative step forward, whose impact will reverberate throughout the tech industry and beyond,” said Governor JB Pritzker.