$5 Million XPrize Competition Announced to Develop Real World Applications Quantum Applications
dougfinke2024-03-17T18:49:22-07:00Google Quantum AI along with additional support from the Geneva Science Diplomacy Anticipator (GESDA) Foundation is sponsoring a 3 year, $5 million prize competition to encourage development of novel algorithms, new applications, or ways of implementing enhanced performance of quantum solutions that can help solve real-world challenges. The contest will be administered by the XPRIZE Foundation, a non-profit set up in 1994 to host public competitions intended to encourage technical breakthroughs. As stated in the contest guidelines: To win the prize, teams must develop a new (or meaningfully improved) application of quantum computers that addresses a computationally complex problem and demonstrate [...]