Tuesday, December 11, 2012

Quantum Wave To Put $100M Into Quantum Tech Behind The Next Computing Wave

Screen Shot 2012-12-10 at 16.37.45Amid the startups, panels and speeches at TechCrunch Moscow today has been some emerging news about the Russian scene. For one, there is the move from Russia's top echelons to address patent law and a robotics investment. But also today has come news of a new fund which takes a very 'Russian' - shall we say - approach to the future of computing. Quantum Wave Fund (Qwave) is a new $100 million fund launched today which aims to commercialize breakthrough technologies from quantum physics - one of which will be the development of new quantum technologies, in addition to computers which will run thousands - perhaps millions - of times faster than today's Silicon-based computers. And they'll be using Russian scientists to do the due diligence.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zA9kANSXe5U/

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