Pritzker touts quantum future, state senator urges caution for taxpayers

Pritzker touts quantum future, state senator urges caution for taxpayers

Spread the love

(The Center Square) – Gov. J.B. Pritzker is touting Illinois as a destination for quantum computing companies, but a state senator says it’s important to be conscious of taxpayers and ratepayers.

The governor spoke Thursday at the Quantum World Congress in Virginia and encouraged attendees to relocate to Chicago and Illinois.

“We have Duality, which is the nation’s first quantum startup accelerator,” Pritzker said. “We have the second-highest number of Fortune 500 companies, the customers for quantum, of any region in the nation.”

Pritzker said key quantum computing stakeholders are collaborating at the Illinois Quantum and Microelectronics Park in Chicago.

“Fortune 500 businesses and startups, government agencies, world-renowned researchers and scientists are coming together to do foundational work on quantum hardware and software applications,” Pritzker said.

State Sen. Sue Rezin, R-Morris, said quantum is incredibly important, but elected officials must be careful.

“It all depends on how the deals are negotiated,” Rezin told The Center Square. “We want to be conscious about the costs, especially on the ratepayers, on the taxpayers, very important.”

Illinois has given tens of millions of dollars in state tax incentives to quantum corporations.

Brian DeMarco is professor of physics and Director of the Illinois Quantum Information Science and Technology Center at the University of Illinois’ Grainger College of Engineering. He also serves as director and chief technology officer at Illinois Quantum and Microelectronics Park in Chicago.

DeMarco said quantum computers can solve problems that would take too long on any other supercomputer that could be built.

“Some of those types of problems are the types of problems related to balancing the energy grid and predicting what capacity is needed in what parts of the state,” DeMarco told The Center Square.

Rezin agreed that the quantum movement has arrived in Illinois.

“It is fair to say that, once it is built out, that many of the problems that we’ve been trying to solve in the past for decades might be able to be solved with quantum computing,” Rezin explained.

⚠️ Severe Thunderstorm Warning issued June 10 at 3:04PM CDT until June 10 at 4:15PM CDT by NWS Chicago IL
⚠️ Severe Thunderstorm Watch issued June 10 at 2:40PM CDT until June 10 at 10:00PM CDT by NWS Chicago IL
Today Jun 9
Showers And Thunderstorms Likely
91° 69°

Showers And Thunderstorms Likely

💨 15 to 20 mph 💧 61%

Leave a Comment





Latest News Stories

Trump tells small business owners tariffs 'aren't high enough'

Trump tells small business owners tariffs ‘aren’t high enough’

By Brett RowlandThe Center Square President Donald Trump told a group of small business owners Monday that tariffs should be higher, even as polling is mixed on the issue. "You...
Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

Pennsylvania has the most Democrats in ‘Red to Blue’ campaign

By John ColeThe Center Square As Democrats ramp up their efforts to flip the U.S. House in November, four candidates from the Keystone State have been named to a program...
Trump hosts small business owners at White House, touting business-friendly policies

Trump hosts small business owners at White House, touting business-friendly policies

By Morgan SweeneyThe Center Square President Donald Trump enumerated a number of policies he said have created a favorable environment for small business growth while speaking to small business owners...
DeSantis signs new congressional map into law

DeSantis signs new congressional map into law

By Alan WootenThe Center Square Second-term Republican Gov. Ron DeSantis on Monday signed his redrawn congressional map into law. The Legislature gave passage last week. “Signed, sealed and delivered,” DeSantis...
South Carolinian facing charges for threatening Trump will stay jailed

South Carolinian facing charges for threatening Trump will stay jailed

By Alan WootenThe Center Square Army veteran Daniel Swain spoke only briefly in response to a federal magistrate judge on Monday and will have a detention hearing on Thursday. Swain,...
Iran testing fragile ceasefire, fires on Navy, commercial ships

Iran testing fragile ceasefire, fires on Navy, commercial ships

By Sarah Roderick-FitchThe Center Square Iran is testing the ceasefire as it fires at U.S. naval and commercial vessels within hours of the implementation of “Project Freedom.” U.S. Central Command...
Small businesses expected to feel pinch as diesel hits $6 a gallon

Small businesses expected to feel pinch as diesel hits $6 a gallon

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Illinois trucking industry leader says consumers and small businesses can expect to feel the pinch as...
GOP senators renew calls to nuke filibuster after voter ID bill languishes

GOP senators renew calls to nuke filibuster after voter ID bill languishes

By Thérèse BoudreauxThe Center Square With Congress juggling government funding, the farm bill, government surveillance reauthorization and more, a Republican election security bill has taken a backseat, much to the...
Illinois Quick Hits: Four charged in alleged pharmacy burglary conspiracy

Illinois Quick Hits: Four charged in alleged pharmacy burglary conspiracy

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Four people from California are charged in connection with a conspiracy to burglarize pharmacies and distribute controlled...
LA City Council member seeks to allow noncitizens to vote

LA City Council member seeks to allow noncitizens to vote

By Chris WoodwardThe Center Square A Los Angeles City Council member has proposed allowing noncitizens to vote in local elections. Speaking on Friday at a Rules Committee meeting, Councilmember Hugo...
Chicago loses 2,100 restaurant jobs as industry fights mandated wage hikes

Chicago loses 2,100 restaurant jobs as industry fights mandated wage hikes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As Chicago’s efforts to phase out sub-minimum wages are proposed nationwide, a restaurant industry advocate says the...
State Senator, ‘angel parent’ want to let police work with ICE

State Senator, ‘angel parent’ want to let police work with ICE

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As Democrat legislators have moved legislation to restrict U.S. Immigration and Customs Enforcement operations within Illinois, one...
U.S. Supreme Court temporarily allows mail-order abortion pills

U.S. Supreme Court temporarily allows mail-order abortion pills

By Andrew RiceThe Center Square The U.S. Supreme Court will temporarily allow women to obtain abortion pills through the mail, without visiting an in-person doctor. Justices on the court blocked...
U.S. Supreme Court declines to hear Washington COVID-19 speech case

U.S. Supreme Court declines to hear Washington COVID-19 speech case

By Andrew RiceThe Center Square The U.S. Supreme Court declined to hear a case over whether the government can discipline doctors for what they say publicly. The case, Stockton v....
'Project Freedom' begins, two ships safely transit Strait of Hormuz

‘Project Freedom’ begins, two ships safely transit Strait of Hormuz

By Sarah Roderick-FitchThe Center Square The United States launched “Project Freedom” Monday morning in an effort to safely escort commercial vessels through the Strait of Hormuz. President Donald Trump announced...