Google and XPRIZE have launched a $5 million competition to find practical uses for quantum computers, aiming to benefit society. Researchers must develop new quantum algorithms to address real-world problems, with judging criteria including impact, alignment with UN Sustainable Development Goals, and feasibility on current or near-future hardware.
The competition spans three years, with a $3 million grand prize split among up to three winners, $1 million for up to five runners-up, and $50,000 for each of the 20 semi-finalists. The initiative seeks to shift focus from technical demonstrations to tangible applications, though challenges remain in understanding quantum computing's complexities.
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