the frantic race for supercomputers – L’Express

the frantic race for supercomputers – LExpress

This is an announcement that caused quite a stir in French Tech. The young company Quandela, specializing in the manufacture of supercomputers, announced on Tuesday November 7 that it had managed to raise 50 million euros to enter the race for the quantum computer.

A battle which is currently dominated by American start-ups. According to a McKinsey study published last April, the United States represents a large majority of funding in this promising field which should allow humanity to make a real technological leap by facilitating complex or time-consuming calculations with current computers.

Between 2001 and 2022, $3,333 million was granted to companies launching into this sector across the Atlantic. This is approximately six times more than the total amount granted to European companies.

READ ALSO >>Pasqal, the French champion who aims to achieve “quantum advantage”

France, however, manages to do well on the continent, with more than ten specialized start-ups. Behind Germany, it accounts for 26.3% of public investments made in the EU.

Still according to McKinsey, the quantum technology market is expected to be worth around $106 billion by 2040.

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