{"id":16867,"date":"2015-09-03T13:47:26","date_gmt":"2015-09-03T20:47:26","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2015\/09\/intel-pledges-50m-in-quantum-computing-push-to-solve-big-problems"},"modified":"2017-06-04T20:24:21","modified_gmt":"2017-06-05T03:24:21","slug":"intel-pledges-50m-in-quantum-computing-push-to-solve-big-problems","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2015\/09\/intel-pledges-50m-in-quantum-computing-push-to-solve-big-problems","title":{"rendered":"Intel pledges $50M in quantum computing push to solve big problems"},"content":{"rendered":"<p><a class=\\'blog-photo\\' href=\"https:\/\/lifeboat.com\/blog.images\/intel-pledges-50m-in-quantum-computing-push-to-solve-big-problems.jpg\"><\/a><\/p>\n<p>Intel today <a href=\"http:\/\/newsroom.intel.com\/community\/intel_newsroom\/blog\/2015\/09\/03\/intel-invests-us50-million-to-advance-quantum-computing\" target=\"_blank\">announced<\/a> plans to invest $50 million over the next ten years as part of a quantum computing push to help solve problems such as \u201clarge-scale financial analysis and more effective drug development.\u201d<\/p>\n<p>But despite the ambitions and huge cost of the project, company vice president Mike Mayberry admits that \u201ca fully functioning quantum computer is at least a dozen years away.\u201d<\/p>\n<p>The money will be channeled through <a href=\"http:\/\/qutech.nl\/\" target=\"_blank\">QuTech<\/a>, the quantum research institute of <a href=\"http:\/\/www.tnw.tudelft.nl\/\" target=\"_blank\">Delft University of Technology<\/a>, and <a href=\"https:\/\/www.tno.nl\/en\/about-tno\/\" target=\"_blank\">TNO<\/a>, with Intel additionally pledging to commit its own \u201cengineering resources\u201d to the collaborative effort.<\/p>\n<p><a href=\"http:\/\/venturebeat.com\/2015\/09\/03\/intel-pledges-50m-in-quantum-computing-push-to-solve-big-problems\/\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel today announced plans to invest $50 million over the next ten years as part of a quantum computing push to help solve problems such as \u201clarge-scale financial analysis and more effective drug development.\u201d But despite the ambitions and huge cost of the project, company vice president Mike Mayberry admits that \u201ca fully functioning quantum [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1523,38,1617],"tags":[],"class_list":["post-16867","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-computing","category-engineering","category-quantum-physics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/16867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=16867"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/16867\/revisions"}],"predecessor-version":[{"id":69634,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/16867\/revisions\/69634"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=16867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=16867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=16867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}