In a bid to establish Illinois as a quantum computing hub, Governor J.B. Pritzker is seeking $500 million for a $20 billion quantum computing campus in Chicago, led by Silicon Valley startup PsiQuantum. This project, potentially the largest tech project in the state's history, is anticipated to create up to 1,500 jobs. SafeLogic has launched an Early Access Program for its next-gen cryptographic software modules, which support all Post-Quantum Cryptography (PQC) algorithms that NIST plans to standardize in summer 2024. Researchers have developed an ultra-pure form of silicon, which could potentially be used for creating highly reliable "silicon-spin qubits" in quantum computers. Meanwhile, PsiQuantum movement into Australia with the big investment from the government is receiving some heat from both the industry and the public, with questions on the selection process and the real impact of those taxpayer dollars. Lastly, JPMorgan Chase has developed a quantum-secured crypto-agile network, highlighting the growing importance of quantum-resistant encryption.
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The Week in Quantum Computing - May 13th 2024…
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In a bid to establish Illinois as a quantum computing hub, Governor J.B. Pritzker is seeking $500 million for a $20 billion quantum computing campus in Chicago, led by Silicon Valley startup PsiQuantum. This project, potentially the largest tech project in the state's history, is anticipated to create up to 1,500 jobs. SafeLogic has launched an Early Access Program for its next-gen cryptographic software modules, which support all Post-Quantum Cryptography (PQC) algorithms that NIST plans to standardize in summer 2024. Researchers have developed an ultra-pure form of silicon, which could potentially be used for creating highly reliable "silicon-spin qubits" in quantum computers. Meanwhile, PsiQuantum movement into Australia with the big investment from the government is receiving some heat from both the industry and the public, with questions on the selection process and the real impact of those taxpayer dollars. Lastly, JPMorgan Chase has developed a quantum-secured crypto-agile network, highlighting the growing importance of quantum-resistant encryption.