Chattanooga's utility provider EPB is set to establish the EPB Quantum Center in collaboration with IonQ, making it the first U.S. commercial offering of quantum computing and networking. Building on its success from its prior $4.5 million investment in a metro quantum network, which generated economic benefits for the region, EPB CEO David Wade highlighted the importance of quantum technology in solving complex problems across various industries. The collaboration aims to enhance technological advancements and applications in fields such as finance and life sciences.
"EPB's Quantum Network has paid for itself through selling time to other organizations so they can run their technologies on the network."
"Quantum computing can handle more complex problems and process massive data sets faster than traditional computers, generating new applications in industries such as finance and life sciences."
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