How Germany is catching up with quantum computers

Insight Innovation

Unlike conventional binary computers, quantum computers do not only calculate with zeros and ones.

Dusseldorf Until now, the world of quantum computers seemed to be ordered in binary form. The US on one side, China on the other. Both countries regularly report new successes in the development of quantum computers. In the future, their computers should be able to solve problems that high-performance computers fail to solve. In Europe, on the other hand, research is – once again – above all.

A German-Finnish start-up is questioning this world order. IQM has collected around 128 million euros from venture capital investors – in the middle of the tech crisis on the stock exchanges. This also includes a convertible loan from the European Investment Bank (EIB) in the amount of 25 million euros.

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