Xanadu Receives $40 Million CAD ($29.8M USD) from the Canadian Government’s Strategic Innovation Fund
Announced during a visit to Xanadu by Canadian Prime Minister Justin Trudeau, the investment will help the company build and commercialize a photonic-based, fault-tolerant quantum computer. The investment is part of the Canadian Quantum Strategy that we reported on earlier this month. Almost half of the $360 million CAD budgeted for that program is intended […]
The post Xanadu Receives $40 Million CAD ($29.8M USD) from the Canadian Government’s Strategic Innovation Fund appeared first on Quantum Computing Report.
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