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.

Leave a Comment





Latest News Stories

Cook County officials warn property tax reform could hurt homeowners

Cook County officials warn property tax reform could hurt homeowners

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are clashing over a Cook County property tax relief plan that restricts the types...
Maine Gov. Janet Mills officially launches U.S. Senate bid

Maine Gov. Janet Mills officially launches U.S. Senate bid

By Chris WadeThe Center Square Maine Gov. Janet Mills formally announced Tuesday that she will seek the Democratic Party's nomination to challenge incumbent Republican Sen. Susan Collins in next year's...
Illinois quick hits: Poll finds mixed reviews for Trump; posthumous medal for Kirk; transit fare increase proposed

Illinois quick hits: Poll finds mixed reviews for Trump; posthumous medal for Kirk; transit fare increase proposed

By Jim Talamonti | The Center SquareThe Center Square Poll finds mixed reviews for Trump President Donald Trump’s economic policies are getting mixed reviews from voters. The Center Square Voters'...
AARP under fire after $9 billion payment from UnitedHealthcare revealed

AARP under fire after $9 billion payment from UnitedHealthcare revealed

By Tom JoyceThe Center Square AARP is facing new scrutiny after disclosures showed it will receive $9 billion from UnitedHealthcare under a restructured deal to market AARP-branded Medicare Advantage plans....
WATCH: Trump: Pritzker should ‘beg;’ Veto Session begins as Madigan reports to prison

WATCH: Trump: Pritzker should ‘beg;’ Veto Session begins as Madigan reports to prison

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares comments from...

WATCH: Trump: Pritzker should beg for help with public safety in Chicago

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – President Donald Trump says he doesn’t want to use the Insurrection Act to help with public safety...
L.A. congresswoman insists on health insurance tax credits

L.A. congresswoman insists on health insurance tax credits

By Dave MasonThe Center Square Democrats won’t reopen the federal government if America’s health care remains at risk, U.S. Rep. Maxine Waters, D-Los Angeles, told thousands of people at AIDS...
Newsom threatens university funding over Trump's education deal

Newsom threatens university funding over Trump’s education deal

By Esther WickhamThe Center Square California Gov. Gavin Newsom warned state universities that signing the Trump administration's education agreement would put them in direct conflict with his administration. Newsom issued...
Former Los Angeles schools chief runs against city's mayor

Former Los Angeles schools chief runs against city’s mayor

By Dave MasonThe Center Square Andrew Beutner, former superintendent of the Los Angeles Unified School District, announced Monday he’s running against Mayor Karen Bass. Beutner, 65, launched his campaign during...
Illinois quick hits: WARN report layoffs total 1,689; Powerball winners in Rochelle and Colona

Illinois quick hits: WARN report layoffs total 1,689; Powerball winners in Rochelle and Colona

By Jim Talamonti | The Center SquareThe Center Square WARN report layoffs total 1,689 According to the latest Illinois Worker Adjustment and Retraining Notification Act (WARN) notice, 1,689 employees across...
No ethics reform in sight as ex-speaker’s scheduled prison term begins

No ethics reform in sight as ex-speaker’s scheduled prison term begins

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As his predecessor’s scheduled 7.5-year prison term for public corruption begins, the speaker of the Illinois House...
Trump losing ground on economy, poll finds

Trump losing ground on economy, poll finds

By Brett RowlandThe Center Square Donald Trump rode a poor economy back to the White House during his 2024 campaign, but seven months into his second term, most voters aren't...
Major tech company to cut H-1B visas amid Trump pressure, fee

Major tech company to cut H-1B visas amid Trump pressure, fee

By Andrew RiceThe Center Square Tata Consultancy Services, a large employer of H-1B visa holders in the United States, will stop using the program due to new fees from the...
US, India to hold new round of trade talks, with focus on energy

US, India to hold new round of trade talks, with focus on energy

By Alton WallaceThe Center Square India and the United States will resume trade talks this week in Washington, with the Trump administration seeking increased purchases of U.S. oil and gas...
Johnson: Republicans 'have plans' to 'fix' Obamacare

Johnson: Republicans ‘have plans’ to ‘fix’ Obamacare

By Thérèse BoudreauxThe Center Square As the ongoing government shutdown enters its third week, Republican leaders are reminding Democrats that by blocking the House-passed funding bill, they are also delaying...