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The UK could be home to ‘quantum Nvidia’, says algorithm startup

The governmental deep tech funding landscape in the UK has been in a bit of a turmoil over the past few months. Funds have been promised by one government and then whisked away by another in the space of less than a year. While the UK government recently announced £100mn in support for five “quantum hubs,” the country’s quantum sector is concerned over the level of funding security — and how increasingly risk-averse regulation could stifle international cooperation. Phasecraft is a leader in quantum algorithms — computational methods designed specifically for quantum computers and their qubits. Its mission is to…This story continues at The Next Web

The governmental deep tech funding landscape in the UK has been in a bit of a turmoil over the past few months. Funds have been promised by one government and then whisked away by another in the space of less than a year. While the UK government recently announced £100mn in support for five “quantum hubs,” the country’s quantum sector is concerned over the level of funding security — and how increasingly risk-averse regulation could stifle international cooperation. Phasecraft is a leader in quantum algorithms — computational methods designed specifically for quantum computers and their qubits. Its mission is to…

This story continues at The Next Web

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