“In China there is a ton of money going in [to quantum computing] and no public record coming out,” said Jaya Baloo, CISO at Dutch telecoms company, KPN, at a recent Kaspersky event in Dublin.
Baloo is a very cogent and forthright individual. She was on the steering committee for the European Commission’s work into quantum technology—the EU is putting €1 billion ($1.18 billion) into this, a sum it only matches with its Human Brain Project and it graphene research. However, as Baloo points out this is significantly less than the $15 billion that Chinese vendor, Alibaba, is putting in on its own (although this figure covers other areas too). And even this is still only the tip of the iceberg.
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(Insider Story)
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