Colorado has been designated as an official technology and innovation hub for the quantum industry, opening up tens of millions of dollars in funding and elevating the region’s profile as a leader in the field. Gov. Jared Polis said the Biden administration notified the state that it was chosen as a tech hub under the CHIPS and Science Act of 2022. The act makes $500 million available initially with $10 billion authorized for 20 regional hubs.

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