New York Wants to Spend Big on Quantum Tech as AI Boom Advances

If New York Gov. Kathy Hochul has her way, the Empire State will lead the nation on quantum computing.

Hochul wants lawmakers to appropriate $60 million this year towards four new quantum hubs across the state as a way to propel the industry forward. She wants another $100 million invested in the Stony Brook University’s Quantum Research and Innovation Hub that is set to open in 2029.

The funding gambit is part of her economic agenda to make New York a leader in tech and to prove it can benefit the whole state, not just New York City. The Hochul ...