Investment will create an innovation, collaboration hub to
support world-leading scientists and engineers in quantum science,
computing, and related fields.
PASADENA, Calif., Dec. 11,
2023 /PRNewswire/ -- Caltech and Broadcom today
announced a multi-year partnership to advance quantum science
research and discoveries with the potential to seed new innovative
technologies and applications.
The partnership, supported with a significant investment from
Broadcom, will establish the Broadcom Quantum Laboratory at
Caltech, a physical collaboration space that will bring together
experts in the fields of quantum computing, quantum sensing,
quantum measurement, and quantum engineering. Broadcom's investment
will support joint programming and research to accelerate
discovery.
Additionally, over the next five years, Broadcom and Caltech
have agreed to host an annual symposium where scientists and
engineers from both organizations will explore areas of mutual
interest and future development opportunities in relevant
fields.
"Developing deep connections to technology leaders like Broadcom
amplifies the power of the science and engineering that Caltech can
accomplish," says Caltech President Thomas
F. Rosenbaum, the Sonja and William Davidow Presidential
Chair and professor of physics. "We share a belief in the
transformative potential of quantum discoveries across the
disciplines and welcome this new partnership."
"Broadcom is thrilled to partner with Caltech to launch this
critical R&D initiative on quantum computing. As a world-class
leader in science and engineering research, Caltech has a long and
rich history of technology innovation," says Hock Tan, President
and CEO of Broadcom. "This multi-year investment and
engineering collaboration reinforces our continued commitment to
supporting advanced R&D and represents our relentless pursuit
of innovation to connect our customers, employees and communities
worldwide."
Caltech is one of the world's preeminent institutions for
quantum science research, with faculty positioned across the
Institute working on theoretical and experimental advances that
have the potential to impact everything from energy storage to drug
design, to information processing and security. The Institute's
faculty have been at the forefront of the field since the 1980s
when the late Richard Feynman, a Caltech theoretical physicist who
pioneered quantum computing and introduced the concept of
nanotechnology, first posited that quantum computers would be
necessary for future advanced computing systems and problems.
About Caltech
Caltech is a world-renowned science and engineering institute
that marshals some of the world's brightest minds and most
innovative tools to address fundamental scientific questions and
pressing societal challenges. Caltech manages the Jet Propulsion
Laboratory (JPL) for NASA and owns and operates large-scale
research facilities and a global network of astronomical
observatories. The Institute has one of the nation's lowest
student-to-faculty ratios, with 300 professorial faculty members
offering a rigorous curriculum and access to hands-on research to
approximately 1,000 undergraduates and 1,400 graduate students.
Caltech is an independent, privately supported institution with a
124-acre campus located in Pasadena, California.
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader
that designs, develops, and supplies a broad range of
semiconductor, enterprise software and security solutions.
Broadcom's category-leading product portfolio serves critical
markets including cloud, data center, networking, broadband,
wireless, storage, industrial, and enterprise software. Our
solutions include service provider and enterprise networking and
storage, mobile device and broadband connectivity, mainframe,
cybersecurity, and private and hybrid cloud infrastructure.
Broadcom is a Delaware corporation headquartered
in Palo Alto, CA. For more information, go
to www.broadcom.com.
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SOURCE Caltech