Canada to Commercialise World’s First Photonic-based Quantum Computer

Canada to Commercialise World’s First Photonic-based Quantum Computer

Daily Current Affairs   /   Canada to Commercialise World’s First Photonic-based Quantum Computer

Change Language English Hindi

Category : Science and Tech Published on: January 30 2023

Share on facebook
  • Canadian Prime Minister Justin Trudeau has announced a new federal investment to build and commercialise the world’s first photonic-based, fault-tolerant quantum computer.
  • The investment of 40 million Canadian dollars ($32 million) will enable Xanadu Quantum Technologies Inc., a Toronto-based Canadian quantum computing company, to develop the quantum computer.
  • It will have the potential to provide world leading capabilities to help solve complex data problems and could be used in a variety of sectors such as finance, transportation, environmental modelling, and health.
  • Earlier this month, Canada launched its National Quantum Strategy, which invests an additional 360 million Canadian dollars ($288 million) to help solidify Canada as a global leader in quantum technologies.
Recent Post's
  • Air Marshal Manish Khanna takes over command of Southern Air Command.

    Read More....
  • Ukraine carries out its longest-range drone strike, damaging 40+ Russian aircraft.

    Read More....
  • D Gukesh scores first classical win over Magnus Carlsen at Norway Chess 2025.

    Read More....
  • Government issues guidelines to boost electric car manufacturing in India.

    Read More....
  • Kabaddi star Pardeep Narwal retires at 28 after going unsold in PKL auction.

    Read More....
  • Glenn Maxwell retires from ODIs to focus on 2026 T20 World Cup.

    Read More....
  • India finishes second with 24 medals at 2025 Asian Athletics Championships.

    Read More....
  • India to build its first Polar Research Vessel with Norway's Kongsberg.

    Read More....
  • Srihari Nataraj clocks fastest-ever Indian time in 200m freestyle at Singapore Nationals.

    Read More....
  • Mohammadreza Shadloui fetches ₹2.23 crore in PKL 12, sets auction record.

    Read More....