Over the past couple of years, the Gulf states have been putting their oil money to use buying up thousands of the latest AI chips. However, thus far they have been relatively quiet when it comes to investing in quantum technology. That is now starting to change. Yesterday, Massy-based startup Pascal announced it had signed a deal with Saudi Arabian oil group Aramco for the installation of the first quantum computer in the country. According to the deal, Pascal will deliver and install a 200-qubit system by the second half of 2025. Pascal was founded in 2019 and currently commercialises…
This story continues at The Next Web
https://thenextweb.com/news/french-startup-pascal-aramco-deal-saudi-arabia-first-quantum-computer
Created
25d
|
May 21, 2024, 2:50:04 PM
Login to add comment
Other posts in this group
![An AI artist has exposed our broken food system — and a way to fix it](https://www.cdn5.niftycent.com/a/1/V/5/P/6/l/an-ai-artist-has-exposed-our-broken-food-system-and-a-way-to-fix-it.webp)
![4 innovations to spur Europe’s energy transition — and cut reliance on China](https://www.cdn5.niftycent.com/a/1/9/K/q/Y/o/4-innovations-to-spur-europe-s-energy-transition-and-cut-reliance-on-china.webp)
![This week in Dutch tech: TNW Conference edition](https://www.cdn5.niftycent.com/a/D/2/o/6/L/W/this-week-in-dutch-tech-tnw-conference-edition.webp)
![Highview Power secures £300M to build UK’s first liquid air battery](https://www.cdn5.niftycent.com/a/k/z/7/X/V/3/highview-power-secures-300m-to-build-uk-s-first-liquid-air-battery.webp)
![TNW Conference 2024: Bringing fallen ebike superstar VanMoof back to life](https://www.cdn5.niftycent.com/a/1/R/r/x/4/9/tnw-conference-2024-bringing-fallen-ebike-superstar-vanmoof-back-to-life.webp)
![Hackers linked to Hamas tied to cyberespionage via Android spyware in Palestine](https://www.cdn5.niftycent.com/a/D/3/W/x/R/M/hackers-linked-to-hamas-tied-to-cyberespionage-via-android-spyware-in-palestine.webp)
![Everything you need to know about Finch, the latest programming language developed by MIT](https://www.cdn5.niftycent.com/a/D/y/Y/R/w/l/everything-you-need-to-know-about-finch-the-latest-programming-language-developed-by-mit.webp)