Zürcher Nachrichten - France announces billion-euro boost for quantum computing

EUR -
AED 4.243199
AFN 76.816385
ALL 93.186779
AMD 421.940448
AOA 1059.499986
ARS 1731.96426
AUD 1.634492
AWG 2.081161
AZN 1.961832
BAM 1.955111
BBD 2.320873
BDT 142.639766
BHD 0.434545
BIF 3449.985005
BMD 1.155398
BND 1.47658
BOB 13.695177
BRL 5.874733
BSD 1.152289
BTN 109.648538
BWP 15.553455
BYN 3.431177
BYR 22645.802735
BZD 2.317474
CAD 1.612324
CDF 2614.086957
CHF 0.934654
CLF 0.026803
CLP 1054.878725
CNY 7.796165
CNH 7.792791
COP 3648.389022
CRC 523.81326
CUC 1.155398
CUP 30.61805
CVE 110.22332
CZK 24.264051
DJF 205.196847
DKK 7.475264
DOP 67.26602
DZD 153.587771
EGP 57.609419
ERN 17.330971
ETB 185.985596
FJD 2.552261
FKP 0.857019
GBP 0.856098
GEL 3.015386
GGP 0.857019
GHS 13.519372
GIP 0.857019
GMD 84.920858
GNF 10120.260724
GTQ 8.791676
GYD 241.024009
HKD 9.064594
HNL 30.884989
HRK 7.534375
HTG 150.666939
HUF 363.033032
IDR 20546.50216
ILS 3.468101
IMP 0.857019
INR 110.072122
IQD 1509.468404
IRR 1589307.85432
ISK 142.587462
JEP 0.857019
JMD 182.994762
JOD 0.819159
JPY 182.969975
KES 149.450928
KGS 101.03906
KHR 4680.351701
KMF 492.199617
KRW 1636.950761
KWD 0.356741
KYD 0.960262
KZT 540.040464
LAK 26016.724996
LBP 103187.513486
LKR 386.502211
LRD 207.987652
LSL 18.720126
LTL 3.41159
LVL 0.698888
LYD 7.329387
MAD 10.739418
MDL 20.037856
MGA 4917.246994
MKD 61.540878
MMK 2425.815605
MNT 4152.793668
MOP 9.311421
MRU 46.322486
MUR 54.303818
MVR 17.850835
MWK 1998.087679
MXN 19.811612
MYR 4.723385
MZN 73.835683
NAD 18.719883
NGN 1573.640789
NIO 42.405066
NOK 10.986386
NPR 175.441455
NZD 1.961282
OMR 0.444252
PAB 1.152294
PEN 3.902292
PGK 5.092273
PHP 70.184643
PKR 319.904254
PLN 4.298497
PYG 6851.557409
QAR 4.212107
RON 5.248053
RSD 117.311005
RUB 95.047204
RWF 1694.395945
SAR 4.326684
SBD 9.31909
SCR 17.004942
SDG 693.751675
SEK 10.958327
SGD 1.477899
SLE 28.42391
SOS 658.56522
SRD 43.750885
STD 23914.407904
STN 24.491693
SVC 10.082449
SZL 18.716328
THB 38.099829
TJS 10.629864
TMT 4.055447
TND 3.38512
TRY 55.133169
TTD 7.810216
TWD 37.221116
TZS 3053.212273
UAH 51.608202
UGX 4291.578596
USD 1.155398
UYU 46.383264
UZS 13781.027404
VES 873.206446
VND 30204.417097
VUV 137.915725
WST 3.158531
XAF 655.723234
XAG 0.018032
XAU 0.000266
XCD 3.122521
XCG 2.076769
XDR 0.815509
XOF 655.723234
XPF 119.331742
YER 275.443085
ZAR 18.669755
ZMK 10399.966413
ZMW 21.749246
ZWL 372.037716
  • CMSD

    -0.1600

    21.82

    -0.73%

  • CMSC

    0.0240

    21.744

    +0.11%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • VOD

    0.1900

    16.19

    +1.17%

  • RIO

    1.4500

    101.1

    +1.43%

  • JRI

    0.1500

    12.81

    +1.17%

  • BCC

    2.3400

    86.6

    +2.7%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • NGG

    0.4700

    80.88

    +0.58%

  • BTI

    0.6000

    59.33

    +1.01%

  • RELX

    0.0485

    35.52

    +0.14%

  • BP

    -0.6000

    41.63

    -1.44%

  • GSK

    0.7900

    52.96

    +1.49%

  • AZN

    1.4100

    161.42

    +0.87%

France announces billion-euro boost for quantum computing
France announces billion-euro boost for quantum computing / Photo: Ludovic MARIN - POOL/AFP

France announces billion-euro boost for quantum computing

France will pump one billion euros of new funding into quantum computing, President Emmanuel Macron said Friday, warning that the country and the wider European Union must invest to keep up with American and Chinese advances.

Text size:

Several governments are racing to master quantum computing, a nascent technology that promises to solve some types of mathematical problems many times faster than "classical" machines.

Its potential applications range from enabling breakthroughs in drug development and materials science, to cracking encryption techniques widely used in computer security.

"The speed of our competitors requires that we shift into a higher gear" and "change the scale" of investment, Macron said during a visit to a supercomputing centre in Bruyeres-le-Chatel, south of Paris.

He pointed especially to developments in the United States, where companies have boosted quantum investments.

The Commerce Department in Washington on Friday announced injections of public cash totalling over $2.0 billion into private quantum firms.

France had already committed 2.3 billion euros ($2.7 billion) of funding for quantum research since 2021, including in its heavyweight defence industry.

Macron also announced a further 550 million euros in state funding for semiconductors as part of a European programme, on top of existing commitments of 5.5 billion since 2022.

"In all of these questions, there's a battle over sovereignty that is being fought and must absolutely be won... technological dependencies will more and more become industrial and strategic dependencies," Macron said.

Separately, American chip giant Nvidia announced Friday an investment into the French quantum computing start-up Alice and Bob.

Macron underscored the importance of European states working together on next-generation computing technologies, calling for the bloc to build a quantum ecosystem "designed, built and operated by European companies, free from any legislation with extra-territorial reach".

- 'EU that invests massively more' -

The remark comes as European capitals scramble to find cloud computing and artificial intelligence providers without exposure to the United States, as tensions remain high with Donald Trump's White House.

Macron argued that building up such domestic capacities in Europe required changes to both competition policy -- which he said needed to be "adapted and modernised to allow champions to emerge" -- and the bloc's single market.

"What is the strength of the Americans? They have an integrated market. They have actors at continental scale who make massive investments. We create regulations for the banks and insurers... preventing them from financing innovation," he said.

As well as greater freedoms for private investment, "everything we're talking about today requires a European Union that invests massively more", Macron added.

He is gearing up to fight for an expanded EU budget for 2028-34, proposals likely to meet resistence from countries like Germany that are averse to taking on common debt.

The French leader is also an outspoken proponent of "buy European" rules for public procurement.

Hobbled by a divided parliament at home and with just a year left in his second five-year term, after which he cannot stand for re-election, Macron has made a hobby horse of European sovereignty in fields from defence to research and the economy.

He will welcome prospective foreign investors to the opulent Palace of Versailles outside Paris on June 1 for the annual Choose France business conference.

And with France this year hosting meetings of the G7 club of leading industrial nations, ministers responsible for digital affairs will gather in Paris on May 29.

G7 heads of state will meet in Evian in the French Alps in mid-June.

X.Blaser--NZN