Fastcompany iconFastcompanySep 17, 2026 ~1 min source read

The Energy Department launches $215 million push to make quantum computers scientifically useful by 2028

That means they can theoretically solve complex problems involving cryptography, the simulation of intricate biological and engineering processes, financial modeling, and potentially artificial intelligence and machine learning orders of magnitude faster than classical computers. Department of Energy is launching a $215 million competition to build quantum computers that are usable in scientific research.

The Energy Department launches $215 million push to make quantum computers scientifically useful by 2028

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Useful takeaways from this story.

That means they can theoretically solve complex problems involving cryptography, the simulation of intricate biological and engineering processes, financial modeling, and potentially artificial intelligence...

They're generally difficult to build and sensitive to outside interference, often requiring components to be kept at temperatures close to absolute zero to avoid altering qubit data.

Department of Energy is launching a $215 million competition to build quantum computers that are usable in scientific research.

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The useful part

Department of Energy is launching a $215 million competition to build quantum computers that are usable in scientific research. Officials are hopeful that early versions of such machines could be operational as soon as 2028. So far, the devices have been more the subject of scientific experimentation than useful tools in their own right.

How it works

  • They're generally difficult to build and sensitive to outside interference, often requiring components to be kept at temperatures close to absolute zero to avoid altering qubit data.
  • While ordinary computers famously store data as binary digits that can take on a value of either zero or one, quantum computers harness the laws of quantum mechanics to store quantum bits, or qubits, that...
  • Competition challenges applicants to deliver what the department calls "the world's first fault-tolerant scientifically relevant quantum computers," or SRQCs.
  • The department is inviting private sector businesses to propose computers w...

What to take from it

That means they can theoretically solve complex problems involving cryptography, the simulation of intricate biological and engineering processes, financial modeling, and potentially artificial intelligence and machine learning orders of magnitude faster than classical computers.

Details worth keeping

remains at the forefront of their development and application.

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