Danish flags fly above the streets in the centre of Copenhagen, Denmark, January 9, 2024. REUTERS/Tom Little/File Photo
STOCKHOLM/COPENHAGEN (Reuters) -The Novo Nordisk Foundation and Denmark's state-owned credit fund said on Thursday they will invest in what they say will be the world's most powerful quantum computer, aiming to revolutionize areas such as drug discovery and materials science.Quantum computing holds the promise of carrying out calculations that would take today's systems millions of years and could unlock discoveries in medicine, chemistry and many other fields where near-infinite seas of possible combinations of molecules confound classical computers.
The Novo Nordisk Foundation, the non-profit which controls pharmaceutical giant Novo Nordisk, and Denmark's Export and Investment Fund (EIFO), said in a statement they would invest 80 million euros ($92.93 million) in the initiative called QuNorth.
