Successful applicant could be eligible for UK government funding

First quantum computer deployed by IQM in Italy

Chipmaker will also establish AI technology center in the country

Funding package includes grant from France 2030 program

Integrated version will be delivered to the CEA by the end of 2025

Company says achievement marks a “significant first step” towards building near-zero energy chips

Initiative will see consortium build a quantum chip industrial pilot line over a six-year period

System is a collaboration between four quantum startups in the region

Campus will consist of five data centers across a 228,000 sqm site in Lacchiarella

Second time deadline has been extended

Terms of the deal have not been shared

Facility established in partnership with Quantum Machines and Bluefors

Center set to receive £5.6m in funding over next four years

First offering of its kind in central eastern European region

UK government also announced funding to boost semiconductor skills

Volumes of pirated content continue to grow

IQM Spark system will be installed in Q2 2025

Project expected to be complete by June 2025

Investment will allow company to grow its EM-2 product portfolio

Company posted net sales of €7.7bn for the three month period

System deployed in the company’s IBM Quantum Data Center in Germany

Funding package made up of new and previously announced investments

Funding round included participation from European Innovation Council

Commission also plans to propose Cloud and AI Development Act to triple EU data center capacity