Pritzker Taps IBM, Discover in Bid for Federal Quantum Funds

Illinois Governor J.B. Pritzker has turned to a consortium that includes International Business Machines Corp. and Discover Financial Services to help win federal funds to develop quantum technology.

The companies will work together with Boston Consulting Group and P33, a nonprofit started by the governor’s sister and former Secretary of Commerce Penny Pritzker, to develop quantum tools to fight financial fraud. The plan is part of a bid to win $70 million from President Joe Biden’s Tech Hubs program established as part of the 2022 Chips and Science Act.

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