UK AI and Quantum Tech Will Receive £2.5B
Ashley Montanaro, CEO and Co-Founder of Phasecraft
Welcome to the inaugural “Friends of The Quantum Dragon,” which is the equivalent of a “Letter to the Editor.” It is free-to-submit, short-format content submitted by readers to express opinions and/or to share news in a public forum at the editor’s discretion. It is an optional free section of The Quantum Dragon.
Backstory
You’ve no doubt seen this announcement by now:
In a record funding announcement, UK AI and quantum technologies will receive £2.5 billion, anchoring the world’s most promising AI and quantum companies in Britain to ensure they start, scale and succeed in this country.
In response to that news, I received the following statement:
Ashley Montanaro, CEO and Co-Founder of Phasecraft: "The investments announced today are critical to Britain's continued leadership in the quantum race. The scope of today's announcement shows the level of ambition and conviction required for the UK to maintain our advantage. It's essential that the procurement programme includes a significant quantum software element - the full potential of quantum computing can only be unlocked when quantum algorithms development is prioritised alongside hardware development. Thanks to the UK's rich academic heritage, and world class R&D ecosystem, Britain is primed to lead the world in quantum algorithms and software. That's why we're particularly proud to be growing our global quantum algorithms company from our British headquarters."
The problem is that I didn’t have a vehicle for this. It would be buried in the newsletter, it’s not a “news exclusive,” and it’s not premium content. Going forward, therefore, you can now submit a “Letter to the Editor” for this type of content and take immense pride in being a friend of The Quantum Dragon.