With major conference in town, Mass. seeks to boost quantum computing efforts
Boston is overflowing with quantum computing talent — this week, even more than usual.
A major conference on the emerging technology, called Quantum.Tech World (yes, the period is intentional), is in town, attracting scientists and startups from all over the world, plus some of the Trump administration’s top tech policymakers.
With the industry getting closer to building the first super-fast quantum computer, Massachusetts is contending for regional dominance. Local players hope Boston’s quantum scene follows the successful life sciences path and not the early generative AI trajectory that resulted in a handful of trillion-dollar companies being built elsewhere.
Unlike typical computers that run calculations on silicon chips, quantum computers rely on atomic or subatomic particles that could crack vastly more complicated problems, such as in biology, physics, and chemistry. A working quantum computer, for example, could model diseases to help create new drugs or invent new materials.
But the “qubits” of quantum computers are much less reliable than the silicon bits of today’s computers and still generate too many errors.
The Boston area is off to a strong start solving the quantum challenge, with research emerging from local universities starting to solve the error correction challenge and other hurdles.
QuEra, which spun out of Harvard, says its rubidium atom-based quantum computer, dubbed Libra, will be ready by 2028 to attack tantalizing problems without making too many mistakes. Tech giants Amazon and Nvidia have established quantum efforts here, as well, and Google bought Atlantic Quantum, an MIT spinout, last year.
Still, competition is fierce, with Silicon Valley offering its vast lineup of VC investors and Texas claiming a more pro-business environment. Illinois is already building a $500 million quantum campus in Chicago.
Even Chattanooga, Tenn., which claims to have the first commercially available quantum computing and networking hub in the country, is trying to horn in this week. Mayor Tim Kelly is leading a delegation to attend the Boston conference, seeking to woo more business to his southern city with a welcome reception at Asian restaurant Mystique this evening.
European quantum company Qblox, which opened its US headquarters in Boston last year, is supporting local legislative proposals and more state funding to back quantum efforts, chief financial officer Bauke van Rhijn said. (Qblox develops electronic components and software to support quantum computers.)
“The global race for quantum leadership is accelerating, with regions competing aggressively,” van Rhijn said. Providing state funding and other government support would show Massachusetts is “committed to leading in quantum and has the resources to support long-term industry growth,” he said.
The conference features not just local leaders such as QuEra and Qblox but also rivals such as IBM, California-based D-Wave, Quantum Computing Inc. in New Jersey, and IonQ in Maryland. Attendees will hear from Ethan Klein, Trump’s chief technology officer, just after the president signed two executive orders to bolster the quantum industry with more government projects, resources, and workforce training programs.
Massachusetts leaders already have a couple of balls in the air.
Governor Maura Healey granted $25 million of state funds last month to help build a new quantum lab at MIT. She has also proposed spending another $75 million in her recent economic development bill to bolster quantum efforts. And state Rep. Michael Day filed legislation earlier this year to create a state-backed quantum center that could raise money via bonding and offer tax breaks to help lure more businesses to the state.
Senator Barry Finegold, chair of the powerful Joint Committee on Economic Development and Emerging Technologies, said the state’s quantum ecosystem reminds him of the life sciences sector a few decades ago, when $1 billion of government backing helped ignite a boom of economic activity.
The economic development bill is a high priority, he said. “The governor put together an excellent package and quantum is an important part of it,” Finegold said. The bill is moving forward over the next few weeks. Day’s bill is still in the House, but Finegold said some of its provisions could be incorporated into the broader economic development bill.
“We have our hands full with the [economic development] bill, but let’s see what the House does,” Finegold said. “Maybe the House decides to put more stuff [from Day’s bill] in their version, and I’m sure we’d be open to that.”
If not, Chicago, Chattanooga, and others surely will.
✈️ A cutting-edge electric aviation company has a surprising secret weapon: Vermont. Read more from Vermont reporter Paul Heintz.
🤑 MIT trained them. San Francisco just made them fabulously rich. Read more from business columnist Larry Edelman.
🔋 Virginia company plans to bring battery farms to six towns in Mass. Read more from business reporter Jon Chesto.
⚽ ‘We needed this’: On social media, World Cup visitors celebrate — and remind us — what makes this country great. Read more from business reporter Janelle Nanos.
💼 Employers want more AI-fluent workers. It’s testing young graduates’ loyalties. Read more from Globe contributor Bryan Hecht.
😬 These charts show which Boston area jobs are most exposed to AI. Read more from data reporter Scooty Nickerson and data developer Daigo Fujiwara-Smith.
📈 Boston chip companies may not have Bay Area buzz of AI, but they’re having a good year. Read more from business reporter Jon Chesto.
💵 The Pentagon is conditionally loaning rare earth metals processor Phoenix Tailings in Burlington $500 million to help finance a new plant.
🖨️ Printing tech company AstroNova in West Warwick, R.I., is being acquired by private equity firm Arcline Investment Management for $272 million.
💡 Photonics computing startup HyperLight in Cambridge raised $80 million in a deal led by MediaTek.
🔢 Programming software startup BoolSi in Boston raised $6 million in a deal led by Fine Structure Ventures (an F-Prime fund) and including Pillar VC, Fifth Quarter Ventures, and Coalition Ventures.
🚚 Logistics automation company Eaigle in Boston raised an unspecified amount from private equity firm Noro-Moseley Partners.
📣 Online marketing company Later in Boston added Sofia Hernandez, former global head of marketing and partnerships at TikTok, to its board of directors.
🔒 Boston cybersecurity firm OneSpan hired Alex Thurber as global vice president of alliances and partnerships and Susanne Gurman-Karp as global vice president of marketing. Thurber previously worked at Riverbed and Delinea. Gurman-Karp worked at Beyond Identity and Mimecast.
🤖 Boston Dynamics is planning to build a $100 million manufacturing facilityin Waltham that could employ up to 1,250 workers.
📜 Vermont Independent Senator Bernie Sanders introduced legislation to give the public a direct stake in the largest AI firms.
🫀 The Food and Drug Administration quietly told wearable maker Whoop last week that it would not take further enforcement actionover a controversial feature that gives users a reading of their blood pressure.
Chicago Missed the Tech Boom. Quantum Computing Gives It a Second Chance. (Wall Street Journal)
Godfather of AI blasts Musk’s xAI as ‘failure,’ says labs are risking a ‘big bubble explosion’ (CNBC)
Apple’s New CEO Must Rebuild a Design Team That Lost Its Way (Bloomberg)
👋 Thanks for reading. We’ll be will be back next Wednesday.
❓ Have a tip? Email Aaron at aaron.pressman@globe.com.
✍🏼 If someone sent you this newsletter, you can sign up for your own copy.
Aaron Pressman can be reached at aaron.pressman@globe.com. Follow him @ampressman.
Related Stories
AI News
AI Will Elevate Near-Term Cybersecurity Risks but — with Investment and Coordination
6 minutes ago
AI News
Industrial output rises 11.78%
6 minutes ago
AI News
Anthropic Accuses Alibaba of Distilling Claude AI Model Capabilities
6 minutes ago
AI News
OpenAI, Broadcom Unleash ‘Jalapeño’ Intelligence Processor
6 minutes ago
AI News
U.S. stocks waver as tech companies slip and oil prices continue falling
10 minutes ago
AI News
FLY91 tastes breakeven. Now it must scale
35 minutes ago
AI News
Hollywood and Big Tech Are Preparing for War
36 minutes ago
AI News
NGPC Announces Partnership with Twiceme Technology
36 minutes ago