
The Israel Innovation Authority has officially launched a $33 million initiative aimed at bolstering the nation's quantum computing ecosystem. This funding is designed to support research, infrastructure, and commercial development within the sector. By providing significant financial backing, the authority seeks to accelerate the transition from theoretical quantum research to practical applications. This move positions Israel as a major player in the global race for quantum supremacy. What impact will this level of government investment have on regional quantum startups?
Source: https://quantumzeitgeist.com/israel-innovation-quantum-authority-33m/