(June 2024) - Heng Swee Keat, Deputy Prime Minister, Singapore

(MAY 30 2024) -- S’pore adds another $300m in investment to develop quantum computers, talent pool

Singapore’s quest to establish itself as a quantum powerhouse has received a nearly $300 million investment top-up over the next five years as a global race to deploy next-generation computers heats up. The sum will be spent on studies, grooming 100 local experts each from the PhD and master’s levels, and offering grants to research efforts to build quantum computers and equipment locally. The $295 million top-up adds to the $400 million research and development budget that the authorities have poured into quantum technology since 2002, when the National Research Foundation made its first investments.

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