Israel approves $33 million for quantum computing consortium

Israeli scientists, entrepreneurs and senior officials gathered in a panel last week to examine where Israel stands in the global race for quantum computing. The meeting came one week after Israel’s Innovation Authority announced it was establishing a consortium to develop the hardware and software necessary for quantum computing in Israel.

This consortium initiative is part of a larger government program announced almost five years ago by then-Prime Minister Benjamin Netanyahu, with the ambitious goal of making Israel one of the world leaders in the field.