New Mexico to invest $315 million in quantum computing drive

SAN FRANCISCO, Sept 2 (Reuters) – New Mexico, site of the world’s first atomic bomb tests, on Tuesday plans to invest $315 million in a bid to become a leader in another potentially era-defining technology: quantum computing.

Quantum computing, which leverages the behavior of matter and energy at the atomic and sub-atomic scale, holds the promise of solving in minutes some problems that would take conventional computers thousands of years.

Companies such as Alphabet’s Google, Microsoft and IBM, along with dozens of well-funded startups, are…