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Revolutionary Collaborations: IBM, Google, Micron, and Top Universities Unite for Quantum Science and Semiconductor Breakthroughs

  • May 21st, 2023
  • 526 views

The U.S. Department of State and Japan's Ministry of Education, Culture, Sports, Science and Technology (MEXT) have  entered into a Memorandum of Cooperation concerning education. Secretary of State Antony J. Blinken and MEXT Minister Nagaoka Keiko signed the memorandum during an event held in Hiroshima, Japan. Subsequently, a series of partnership agreements were signed by U.S. technology companies, as well as U.S. and Japanese universities, amounting to a total investment exceeding $210 million. These collaborations primarily focus on the fields of quantum science and semiconductors.

IBM (NYSE: IBM) made a significant announcement regarding a 10-year, $100 million quantum computing partnership with the University of Tokyo and University of Chicago. The objective is to develop the world's first supercomputer centered on quantum computing, equipped with 100,000 qubits. Through this partnership, they aim to pioneer groundbreaking technologies that will revolutionize computing.

Google (Nasdaq: GOOGL) (Nasdaq: GOOG) has committed to a strategic partnership with the University of Tokyo and University of Chicago, involving a $50 million investment over 10 years, dedicated to advancing quantum computing. The three institutions will collaborate on crucial research efforts to accelerate the development of a fault-tolerant quantum computer. Additionally, they will support the exchange of research and ideas, foster quantum computing entrepreneurship and business, and contribute to developing a skilled workforce for the future.

Micron Technology, Inc. (Nasdaq: MU) has launched UPWARDS for the Future, a University Partnership for Workforce Advancement and Research & Development in Semiconductors. This initiative, backed by a $60 million investment over five years, brings together 11 leading universities from the United States and Japan, renowned for their excellence in education and commitment to diversity, equity, and inclusion. UPWARDS aims to drive advancements in semiconductor research and development while promoting a skilled and inclusive workforce.

Founding universities participating in UPWARDS for the Future include:

Boise State University
Hiroshima University
Kyushu University
Nagoya University
Purdue University
Rensselaer Polytechnic Institute
Rochester Institute of Technology
Tohoku University
Tokyo Institute of Technology
University of Washington
Virginia Tech

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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