Quantum technology is increasingly recognised as being of high geopolitical and strategic importance.
The technology could also add trillions of dollars in value across several different industries in the next ten years.
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However, the US government has only committed $3.8bn, with the entire amount announced before last year.
There is no reliable data for private investment in quantum technology in China.
Globally, quantum technology startups saw a decline in VC investment in 2023 (by 27%).
However, this was still a smaller decrease than across all tech startup sectors (38%).
EU scientists also lead in academic publications, followed by China and the US.
The report covers quantum computing, quantum sensing, and quantum communication.
you might read it in its entiretyhere.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
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