Chicago's Quantum Quest: IBM Leads the Charge

IBM partners with Illinois to establish the National Quantum Algorithm Center in Chicago’s IQMP, transforming the former U.S. Steel site into a $9B quantum hub. Backed by a $25M state grant and up to $500M in tax incentives, the project aims to create thousands of jobs and attract global scientists. PsiQuantum commits $1B for the country’s most powerful quantum computer. As Hyde Park Labs relocates, Chicago strides toward its goal of becoming the 'global quantum capital' with a touch of affordable housing.