Germany to support quantum computing with 2 billion euros

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BERLIN (Reuters) - Germany will spend about 2 billion euros ($2.4 billion) to support the development of its first quantum computer and related technologies in the next four years, the economy and science ministries said on Tuesday.FILE PHOTO: German Economy Minister Peter Altmaier addresses a news conference in Berlin, Germany, April 27, 2021. John Macdougall/Pool via REUTERSThe science ministry will spend 1.1 billion euros by 2025 to support research and development in quantum computing, which uses the phenomena of quantum mechanics to deliver a leap forward in computation.The economy ministry will spend 878 million euros backing practical applications.Germany’s Aerospace Center (DLR) will receive the bulk of the subsidies - about 740 million euros - to team up with industrial companies, medium-sized enterprises and start-ups to forge two...