Quantum computing spinout raises £120 million
Mihaela Măncilă
Quantum Motion, a spinout led by UCL and University of Oxford researchers, has raised $160 million (£120 million) from investors to develop commercially available quantum computers using silicon chips. The company’s approach is to develop qubits (the quantum equivalent of binary bits of information in a conventional computer) using industrial silicon chip manufacturing, which the company says is both scalable and energy efficient. Co-founders Professor John Morton (London Centre for
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