The second is a strategic partnership between the University of Chicago, the University of Tokyo and Google, with Google investing up to $50 million over 10 years, to accelerate the development of a fault-tolerant quantum computer and to help train the quantum workforce of the future.
The University of Chicago formalized groundbreaking agreements with industry and university partners to transform the future of quantum technology. The first is a 10-year, $100 million plan with IBM, the University of Chicago and the University of Tokyo to develop the blueprints for building a quantum-centric supercomputer powered by 100,000 qubits. The second is a strategic partnership between the University of Chicago, the University of Tokyo and Google, with Google investing up to $50 million over 10 years, to accelerate the development of a fault-tolerant quantum computer and to help train the quantum workforce of the future.