Europe in Talks With Backers for €5 Billion Critical Tech Fund

Bloomberg TechnologyTuesday, October 28, 2025 at 7:24:28 AM
PositiveTechnology
Europe in Talks With Backers for €5 Billion Critical Tech Fund
The European Union is making significant strides by engaging with initial anchor investors for a €5 billion fund aimed at supporting companies in critical tech sectors like quantum computing and artificial intelligence. This initiative is crucial as it not only boosts innovation within Europe but also positions the continent as a leader in strategic technologies, fostering economic growth and technological advancement.
— via World Pulse Now AI Editorial System

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Canada Pushes to Retain Quantum Computing Firms as US Competition Grows
PositiveTechnology
The Canadian government has announced a funding initiative of up to C$92 million ($66.8 million) aimed at supporting quantum computing firms in Canada as competition from the United States intensifies in this emerging technology sector. This move is part of a broader strategy to retain domestic talent and innovation in quantum computing.

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