00:00Denmark aims to host world's most powerful quantum computer, the Novo Nordisk Foundation, and Denmark state-owned.
00:09Credit funds said on Thursday they will invest in what they say will be the world's most powerful quantum computer,
00:15aiming to revolutionize areas such as drug discovery and material science.
00:20Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years
00:28and could unlock discoveries in medicine, chemistry and many other fields where near-infinite seas of possible combinations of molecules can found classical computers.
00:39The Novo Nordisk Foundation, the non-profit which controls pharmaceutical giant Novo Nordisk and Denmark's Export and Investment Fund said in a statement
00:50they would invest 80 million euros, 92.93 million dollars, in the initiative called Kunorth Microsoft,
00:58which has its largest quantum lab in Denmark, and provides software and atom computing will build the quantum computer.
01:05The computer will be named Magna, inspired by Norse mythology where Magna, the son of Thor, is known for his immense strength.
01:12Construction will begin in autumn and the computer is expected to be ready by the end.
01:17Of next year, the quantum computer will start operating with 50 logical qubits.
01:24Jason Zander, Microsoft's Executive Vice President told Reuters,
01:28A qubit, short for quantum bit, is the basic unit of information in a quantum computer,
01:34and a logical qubit is a virtual qubit, built from many physical qubits to reliably process quantum information.
01:42Last November, Microsoft and Atom created 24 logical qubits, the highest number ever created,
01:51when we get to about 50 logical qubits.
01:54That's when we start hitting true quantum advantage, Zander said.
01:58I get to the point where I can run something on a quantum computer that I could not run on a classic computer.
02:05When the machine gets up to 100 logical qubits, we can start doing science problems,
02:11get up to a couple 100s, we can start doing some chemistry, and starting to answer things.
02:17And then when all the way up to 1000, now you are solving everything, Zander said.
02:22Zander said.
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