Here’s a breakdown of the key information from the provided text:
Main Focus: The text highlights a new initiative, likely a quantum software track within the Duality accelerator, that is a result of a longstanding collaboration between IBM and the University of Chicago, with broader support from organizations across Illinois.
Key Collaborations and Initiatives:
IBM & University of Chicago: This is the central partnership.
National Quantum Algorithm Center (NQAC):
Will be established at the Illinois Quantum and Microelectronics Park (IQMP).
Will initially operate out of Discovery Partners Institute and the University of Chicago.
Will be anchored by an IBM Quantum System Two deployed at Hyde Park Labs.
Goal: To uncover new quantum-centric algorithms by combining quantum and classical supercomputing.
IBM-Illinois Discovery Accelerator Institute:
A decade-long collaboration with the University of illinois Urbana-Champaign (announced in 2021).
Focus: Bolstering technical skills and accelerating breakthroughs in cloud, AI, quantum computing, materials discovery, and sustainability.
International collaboration: IBM and the University of Chicago are working with universities in Japan and South Korea to train 40,000 students in quantum computing over the next decade.
Duality Accelerator:
The new quantum software track is part of this accelerator.
Funding: Expected to be provided by IBM Ventures.
Support for Startups: Provides access to IBM’s quantum computers, funding from IBM Ventures, and deep domain expertise.
Impact: Aims to accelerate innovation and empower future quantum leaders.
UChicago Science Incubator:
A new initiative located in hyde Park Labs.
Purpose: Open to early-stage startups,featuring a dedicated quantum suite for testing and development.
Harper court Ventures:
Launched earlier this year with $25 million.
Target: companies in high-impact sectors, including quantum computing, as part of a cooperation agreement with the University of Chicago.
key People Quoted:
Jay Gambetta (Vice President,IBM quantum): Expresses excitement about supporting startups in developing quantum-centric algorithms and emphasizes the importance of access to IBM’s quantum computers and collaborations.
Emily Fontaine (Global Head of IBM Ventures): Underscores IBM’s commitment to the quantum ecosystem in Illinois and beyond,highlighting the role of IBM Ventures funding,technology,and expertise in empowering startups.
Overall Goal:
To reinforce Illinois’ status as a leader in emerging technology and a global quantum hub.
To deliver “useful quantum computing.”
To build the future of computing together.
In essence, the text describes a notable expansion of IBM and the University of Chicago’s quantum computing efforts in Illinois, focusing on algorithm development, startup support, and talent cultivation.