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UK's Reeves to pledge 1 billion pounds for quantum procurement

British finance minister Rachel Reeves said on Monday the government would spend up to 1 billion pounds ($1.33 ​billion) on powerful quantum computers to help develop ‌the quantum sector and boost the wider economy. The new procurement programme is part of a 2 billion-pound plan to upgrade Britain's quantum ​capability, including 1 billion pounds of previously announced spending, ​the finance ministry said. [....]