The government of UK said that the regions first quantum computer will be launched for Abingdon based businesses in Oxfordshire, media reports said.
CEO of Rigetti Computing Chad Rigetti, told the media, “We are excited to deliver the UK’s first quantum computer and help accelerate the development of practical algorithms and applications. By providing access to quantum hardware, the collaboration aims to unlock new capabilities within the thriving UK ecosystem of quantum information science researchers, start-ups, and enterprises who have already begun to explore the potential impact of quantum computing.”
It is reported that the 10 million government and industry investment backed supercomputer will be developed by leading tech company Rigetti Computing alongside with experts from places such as Bristol, Edinburg, London and Oxford, Phasecraft, a London-based quantum software start-up and Standard Chartered.
Furthermore, the supercomputer is expected to boost businesses in the UK by paving the way for them to access the full potential of quantum computing in the future. It is reported that quantum computing is expected to provide £4 billion of economic opportunities globally in the next three years. The UK will have new jobs, skills and knowledge.
With Quantum computing, businesses will be able to solve problems faster, surpassing the standard computers which take lot of time to carry out the same process. The development of the super computer will benefit industries such as pharmaceuticals, aerospace and transport in the UK.
The new development also expects to boost accelerate the discovery of new drug treatments, improve the efficiency of global supply chains network.