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

Pritzker wants Bears legislation to move faster; tax questions loom large

Pritzker wants Bears legislation to move faster; tax questions loom large

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he would like the General Assembly to move faster on legislation for the...
Illinois Quick Hits: Chicago charter schools CEO charged

Illinois Quick Hits: Chicago charter schools CEO charged

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A federal grand jury has indicted a former Chicago charter school network CEO for allegedly misappropriating more...
FTC takes action against ad giants for avoiding certain sites

FTC takes action against ad giants for avoiding certain sites

By Jay Brown | Legal NewslineThe Center Square WASHINGTON - The Federal Trade Commission and eight states have sued three of the country’s largest advertising agencies for allegedly conspiring not...
Illinois Quick Hits: Feds put card swipe fees prohibition on hold

Illinois Quick Hits: Feds put card swipe fees prohibition on hold

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The U.S. Treasury Department’s Office of the Comptroller of the Currency has released notice of a pending...
Calif. climate change lawsuits paused during SCOTUS review

Calif. climate change lawsuits paused during SCOTUS review

By John O’Brien | Legal NewslineThe Center Square Lawsuits over climate change in California will be on hold while the U.S. Supreme Court decides whether they can be pursued. San...
U.S. will strike Iran infrastructure with no deal, Hegseth warns

U.S. will strike Iran infrastructure with no deal, Hegseth warns

By Andrew RiceThe Center Square The U.S. military is prepared to strike Iran's energy infrastructure if it does not agree to a peace deal, War Secretary Pete Hegseth said on...
New North Carolina law, question on facts pivotal to Mosley appeal

New North Carolina law, question on facts pivotal to Mosley appeal

By Alan WootenThe Center Square Action by North Carolina’s General Assembly has changed the timing for medical malpractice, and enough evidence to ask a jury to resolve contested facts favor...

Illinois lawmakers grill diversity commission over lack of progress

By Jared Strong | The Center SquareThe Center Square (The Center Square) -- State lawmakers expressed public, bipartisan concern again Wednesday over an Illinois commission's efforts to increase access to...
Casey Westfield Softball Graphic

Goble’s 12 Strikeouts, Early Run Support Lift Casey-Westfield Past Arthur-Okaw Christian 7-4

A disastrous first inning proved too much for the Arthur-Okaw Christian varsity softball team to overcome, as visiting Casey-Westfield capitalized on early errors and rode a 12-strikeout complete game from...
U.S. House vote on spy powers extension delayed due to bipartisan pushback

U.S. House vote on spy powers extension delayed due to bipartisan pushback

By Thérèse BoudreauxThe Center Square U.S. House Speaker Mike Johnson, R-La., is postponing a vote on a clean extension of the federal government’s electronic surveillance powers due to member pushback....
Auditors praise Trump anti-fraud healthcare proposal

Auditors praise Trump anti-fraud healthcare proposal

By Andrew RiceThe Center Square A coalition of 14 state financial leaders across the country backed a Trump administration policy to reduce fraud in health-care systems. The group of state...

WATCH: Gun owners rally at Illinois Statehouse against more gun regulations

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois gun owners are pressing their legislators to oppose gun regulations and some elected officials are on...
GOP seeks probe of $180B in fraud with taxpayers' money

GOP seeks probe of $180B in fraud with taxpayers’ money

By Madeline ShannonThe Center Square California’s Assembly Republican Caucus on Wednesday called for a special legislative session to investigate an estimated $180 billion in fraud in taxpayer-funded programs. “Fraud absolutely...
Bill advances to prevent local governments from clearing homeless camps

Bill advances to prevent local governments from clearing homeless camps

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State law may soon restrict local governments from clearing homeless encampments from parks and other public spaces....
Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim

Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim

By Michael Carroll | Legal NewslineThe Center Square A Texas federal judge’s decision to allow ExxonMobil’s defamation lawsuit against California Attorney General Rob Bonta to move forward could ensnare Bonta...