The University of Chicago has formed a partnership with Google, IBM and the University of Tokyo to develop a supercomputer powered by quantum technology.
IBM pledged $100 million toward the project, and Google is to spend $50 million, on a technology that could transform computing and information networks. Quantum computing, which is in its infancy, potentially could solve complex problems quickly, beyond the ability of conventional computing.
The school formalized the agreements Sunday at the Group of 7 Summit of world leaders in Japan.
