Why isn't NV-center-based quantum computing mainstream? In 2016, President Xi Jinping had established a national strategy for China which portrays it to become technologically self-reliant. site design / logo © 2020 Stack Exchange Inc; user contributions licensed under cc by-sa. How are quantum gates implemented in reality? At the Digital Assembly today in Bucharest, Romania, representatives of seven EU countries (Belgium, Germany, Italy, Luxembourg, Malta, the Netherlands, and Spain) signed a declaration agreeing to explore together, over the next 12 months, how to develop and deploy a quantum communication infrastructure (QCI) across the EU within the next ten years. Below is the list of top 10 countries leading the race of quantum computing technology. There are several examples of countries investing in quantum computing in the past year that might be of particular interest. Recently, the country has launched new initiatives to advance quantum information science and technology to the next phase. Presented in a new mnemonic medium which makes it almost effortless to remember what you read. Asking for help, clarification, or responding to other answers. As underlined by JanVdA, indeed, as soon as one adds one of the giant IT companies, it becomes clear that they lead the race. Thus if we just play a rapid "what if" scenario and imagine that one third of Vision Fund is invested in Quantum Computing - i.e. The biggest increase has been seen in China's spending which encompasses quantum computing but includes quantum information systems as well. Researchers across the world are involved in figuring out ways to scale up to a large number of qubits necessary for universal quantum computing. These include: These include: China - In 2017 China announced that it was set to open a National Laboratory for Quantum Information Sciences by 2020. True enough, there is a difference between yearly funding and venture capital investment for which we should also account. QuTech is a quantum technology institute that aims to develop the building blocks for the first quantum computer. Do other planets and moons share Earth’s mineral diversity? To subscribe to this RSS feed, copy and paste this URL into your RSS reader. China has made progress in quantum communications, rather than quantum computing. China is also a key player with Quantum Computing. Initiatives including the Quantonation fund aims to raise a total of €40 million to invest in four years to support start-ups. The estimated annual spending on non-classified quantum-technology research in 2015 broke down like this: If you chart that out, it looks something like this: As you can see the European Union invested a combined 550 €m. IBM unveils its first commercial quantum computer, the IBM Q System One, designed by UK-based Map Project Office and Universal Design Studio and manufactured by Goppion. Note that the United States has been seen as not investing enough into quantum computing and over the summer academia and industry testified before the U.S. House Subcommittees on Research & Technology and Energy in an effort to spur investment into this space. Most notably Dr. Christopher Monroe was quoted as saying that "U.S. leadership in quantum technology will be critical to our national security, and will open new doors for private industry and academia while ensuring America’s role as a global technology leader in the 21st century.”. What countries are leading this "Global Quantum Computing Race"? She writes Tech/Business articles for Analytics Insight. You can watch the dynamic mapping we came up with showing this state of play of the evolving race in the article - we recorded it as a short video to show evolution Mapping The Race for Quantum Computing - Quantum, AI and Geopolitics (3). Can you have a Clarketech artifact that you can replicate but cannot comprehend? Japan - In 2017 in a joint, state-sponsored research project with Japan’s National Institute of Informatics and the University of Tokyo produced the machine, Nippon Telegraph and Telephone (NTT) shared a prototype quantum computer for public use over the internet. These include: China - In 2017 China announced that it was set to open a National Laboratory for Quantum Information Sciences by 2020. She adores crushing over books, crafts, creative works and people, movies and music from eternity!! The country’s research expertise, growing private-sector impact, and government commitments to innovation and competitiveness positions it in a place to scientific advances drive quantum technology development. Stack Exchange network consists of 176 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. In the next five years, the country will develop core technologies such as quantum computer hardware and Quantum Computing New Architecture, Quantum Algorithms, Infrastructure, etc. Can we have electric current in the vacuum. President Vladimir Putin had reportedly raised national spending on research and development (R&D) … © 2020 Stravium Intelligence LLP. There are several countries that are actively participating in the "Quantum Race", most of which are making significant investments. Is there quantum advantage to be had with a D-Wave computer in 2020? Thanks for contributing an answer to Quantum Computing Stack Exchange! By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy. Sweden - In 2017 Sweden invested 1 billion Swedish Krona (roughly $118 million or 100m €) into a research initiative with the goal of developing a "robust quantum computer". What is the cost of health care in the US? We also foresee that all this is likely to be completely upset by the entry of Venture Capital notably through mega tech funds such as Vision Fund (belonging to Softbank, which is also the major shareholders of Ali Baba). Can quantum computers be clustered together? By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service. So, for example, in terms of government funding, according to available non classified figures we would have China, leading followed by Germany then by the US. As tech giants like Google are advancing for gaining quantum supremacy, quantum technologies are becoming more and more glorious in different parts of the world. Quantum computers would provide the computing power required to solve problems that are currently intractable for classical computers—at least in a timeframe that’s practical. Russia. It only takes a minute to sign up. We have updated these figures for a number of countries and also updated the way to understand the race and its funding as static figures do not at all reflect what is happening in the world. Quantum Computing Stack Exchange is a question and answer site for engineers, scientists, programmers, and computing professionals interested in quantum computing. The worldwide investment has now broken 2,000 €m. Therefore, we have enlisted the top 10 Quantum Computing Companies of 2020 that are excelling in this arena. IBM unveils its first commercial quantum computer, the IBM Q System One, designed by UK-based Map Project Office and Universal Design Studio and manufactured by Goppion. Finally, it is also truly important to understand that the race has quite numerous specificities that need to be considered if one want to truly assess who is at the top or not. Countries that are making investment today with Quantum Computing Technology will have the proverbial competitive advantage.