Colorado has emerged as a global epicenter in the quantum computing revolution, positioning itself as a leader in the next generation of computing power. With recent federal funding of $40 million, state tax credits of $74 million, and an estimated $1 billion in private capital, Colorado has become a hub for quantum technology. This investment is expected to create new businesses and thousands of jobs, positioning the state to lead a technological leap forward.
Quantum computing leverages the physics of particles and photons to produce information at speeds potentially thousands of times faster than classical systems. The promise of quantum technologies, combined with artificial intelligence, offers solutions to significant challenges like climate change and curing diseases.
Colorado’s rise to quantum leadership has been fueled by federal investments, national security considerations, and the presence of research institutions like NIST, Sandia National Laboratories, Los Alamos National Laboratory, and JILA. Elevate Quantum, a non-profit coalition, has secured federal funding to establish the region as an official quantum innovation hub, with goals to create thousands of jobs, train new workers, and support startups.
Governor Polis believes that quantum technology will revolutionize businesses and challenges across the nation. Elevate Quantum aims to build out the region’s quantum ecosystem, creating opportunities for a more inclusive, diverse, and just industry. With quantum computing considered a national imperative, Colorado is poised to play a vital role in advancing this groundbreaking technology for the benefit of the state, the nation, and beyond.
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