Standard Chartered Bank started on their quantum journey in 2017 and are now thoroughly committed to identifying the commercial use cases for the advanced capabilities of quantum computers; focusing on managing risk and speeding up the generation of data. We caught up with Managing Director, Alexi Kondratyev to find out more about the company’s increased investment in quantum computing.

Tencent SVP Dowson Tong told state media that the company planned to spend the money over five years on things like cloud, artificial intelligence, blockchain, huge million-server data centers, supercomputing centers, Internet of Things operating systems, 5G networks, and quantum computing.

In collaboration with the Quantum Summit, AIconics is also launching two quantum computing awards: for the best quantum hardware breakthrough and the best quantum software solution.