IBM is joining forces with a German research institute to explore the potential ...
FRANKFURT - IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros over two years.
The German government’s backing, sealed at a meeting on Tuesday between Chancellor Angela Merkel and IBM CEO Ginni Rometty, comes as Europe’s largest economy seeks to catch up to the United States and China in a global technology race. “This effort is poised to be a major catalyst for Europe’s innovation landscape and research capabilities,” Martin Jetter, senior vice president and chairman of IBM Europe, said in a statement.
Researchers will be able to access the quantum computer via the IBM cloud, with potential tasks ranging from mapping complex molecular structures and chemical reactions to making artificial intelligence more powerful.
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