Author: George Avalos

BRUSSELS (Reuters) -The European Union is seeking to attract private funding to help it take the lead in quantum technology by 2030, EU tech chief Henna Virkkunen said on Wednesday, as the bloc works to cut its reliance in the sector on the United States and China. Quantum technology will make processing significantly faster than conventional computing, has the potential to impact every part of the economy and could be worth trillions of dollars within the next decade, according to McKinsey. “We have to now focus more on private funding because we are very strong already in public funding,” Virkkunen…

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