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Story summary
- The Canadian government launched the Canadian Quantum Champions Program (CQCP) to support four quantum computing firms—Xanadu, Anyon Systems, Photonic, and Nord Quantique.
- Each company will receive up to $23 million in initial funding as part of a $334.3 million, five-year investment.
- The program aims to bolster Canada's quantum technology sector.
- The National Research Council will benchmark progress to ensure the firms meet technical standards for future funding.
