Congress Should Fund $500M in Near-Term Quantum Computing Applications, Establish a National Quantum Research Cloud, New Report Argues

Congress Should Fund 500M in Near Term Quantum Computing Applications Establish
WASHINGTON, April 27,2021 — Quantum computing technologies are still in the early phases of development, but organizations are already using them in real-world applications from designing drugs to optimizing inventory systems to reducing carbon emissions. As other nations rapidly scale up their investments to develop and use quantum computing, a new report released today by the Center for Data Innovation urges U.S. policymakers to ensure the United States remains a leader in the field by investing in these near-term applications. Doing so would bolster the development of longer-term use cases, according to the Center, which would help cement U.S. economic competitiveness and protect national security. “The current enthusiasm for quantum computing could lead to a virtuous cycle of progress, as the semiconductor industry has seen, but only if...