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Canada Funds Quantum Leap in Toronto | Montreal News
Description
Canada just dropped $195 million on Xanadu Quantum Technologies to build next-gen quantum computers in a repurposed Toronto soup factory — turning a culinary relic into a tech powerhouse. Unlike traditional quantum machines that need freezing temps, Xanadu’s light-based systems run at room temperature, slashing energy use and opening doors for breakthroughs in medicine, AI, and cybersecurity — while also sparking global security concerns. With plans to hire 275 new workers and eyeing more provincial cash, this bold move signals Canada’s serious bid to lead the quantum race, locking innovation and IP home for national advantage.
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