WASHINGTON, Oct 5 (Reuters) - Amazon.com Inc,
Google and Microsoft Corp are expected to
join a Biden administration conference on Tuesday focused on
quantum technologies as the U.S. government works to head off
hacking threats and corner a burgeoning growth industry.
The White House's Office of Science and Technology Policy
(OSTP) is hosting the event that will discuss critical
applications of quantum computing, which is expected to operate
millions of times faster than today's advanced supercomputers.
Boeing Co, Honeywell International Inc,
International Business Machines Corp, Intel Corp
and Northrop Grumman Corp are also expected to
attend, according to an administration spokesperson.
"There's a lot of excitement about quantum computers and
quantum sensors, and there's some hype associated with that,"
said Charlie Tahan, assistant director for quantum information
science at OSTP.
"But what we really want to get down to: what are the
applications that a future quantum computer could run that could
really benefit our society."
The technology, which is based on core principles of
physics, is still in its infancy but has become a darling of
investors aspiring to revolutionize healthcare, finance,
artificial intelligence, weather forecasting and other areas.
President Joe Biden's administration is especially focused
on the national security implications of quantum technology,
which promises the ability to easily crack encryption standards
in use today.
China, which Washington regards as its chief rival abroad,
has also made significant efforts to develop the technology.
The Biden administration is also hoping to encourage more
students to enter the field and to increase cybersecurity around
private research and development to prevent snooping, Tahan
Congress has already funneled hundreds of millions of
dollars into the industry, including quantum research
laboratories, and bills currently under consideration now could
add billions more.
The White House meeting will also include the organizations
ColdQuanta, D-Wave, IonQ, QC Ware, Quantum Economic
Development-Consortium, Rigetti Computing, Vector Atomic and
(Reporting by Trevor Hunnicutt; Editing by Edwina Gibbs)