Pritzker teams up with IBM and Discover to secure federal quantum funds – Crain’s Chicago Business



Illinois Governor J.B. Pritzker has enlisted the help of technology giant IBM and financial services company Discover in an effort to secure federal funding for quantum research. The collaboration between the state government and private sector companies aims to position Illinois as a leader in the emerging field of quantum computing.

Pritzker’s decision to involve IBM and Discover in the bid for federal quantum funds is a strategic move that leverages the expertise and resources of these industry leaders. Both companies have a strong track record in technology and innovation, making them valuable partners in the quest to advance quantum research and development.

Quantum computing has the potential to revolutionize various industries, including finance, healthcare, and cybersecurity. By investing in quantum research, Illinois hopes to establish itself as a hub for cutting-edge technology and attract top talent to the region.

The partnership with IBM and Discover underscores the importance of public-private collaboration in driving innovation and economic growth. By working together, the state government and private sector companies can pool their resources and expertise to achieve common goals and tackle complex challenges.

Pritzker’s efforts to secure federal funding for quantum research highlight his commitment to driving economic development and fostering innovation in Illinois. By capitalizing on the expertise of industry leaders like IBM and Discover, the state government is well-positioned to make significant strides in the field of quantum computing.

In a statement, Governor Pritzker expressed his enthusiasm for the partnership with IBM and Discover, stating that he believes Illinois has the potential to lead the way in quantum research. By working together, the state government and private sector companies can accelerate progress in this exciting and rapidly evolving field.

IBM and Discover are equally enthusiastic about the collaboration, with both companies expressing their commitment to advancing quantum research and development in Illinois. By joining forces with the state government, IBM and Discover are demonstrating their dedication to driving innovation and pushing the boundaries of technology.

Overall, Pritzker’s decision to involve IBM and Discover in the bid for federal quantum funds reflects a strategic and forward-thinking approach to economic development. By harnessing the collective expertise and resources of government and industry, Illinois is poised to establish itself as a global leader in quantum computing and secure its position at the forefront of technological innovation.

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https://www.chicagobusiness.com/technology/pritzker-taps-ibm-discover-bid-federal-quantum-funds