MembersIsrael Invests in Quantum Computing

Israel has become a world leader in many technological fields.

By Michael Selutin |
Photo: Photo: Chen Leopold / FLASH90

Now, the little Jewish state is turning its gaze on quantum computing. The government wants to invest 300 million shekels (about $83 million) in the development of quantum technology. And that is only the beginning, according to sources familiar with the trend.

The lion’s share of the funds will go to the Technion Institute in Haifa, where a quantum computer is to be developed. Unlike today’s computers, whose base unit is zero or one, quantum computing is based on the assumption that a unit can have both values ​​at the same time. That would allow the development of extremely fast computers.

Leading international technology companies such as Intel, IBM and Microsoft are already working with Israel’s...

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