IIT Madras bags ₹21 crore grant for research in quantum computing

Indian Institute of Technology (IIT) Madras bags ₹21 crore grant for research in quantum computing. The grant was announced as part of a Memorandum of Understanding (MoU) signed between IIT Madras and Mphasis, a Bengaluru-based IT solutions company. Mphasis specialises in cloud and cognitive services. However, it has been talking about using quantum computers for machine learning, optimisation, and simulation problems.