Novo Nordisk owner invests in
Photo: Paul Sakuma/AP/TT

Novo Nordisk owner invests in quantum chip factory in Copenhagen

The foundation that owns the Danish pharmaceutical group Novo Nordisk - one of the world's leading manufacturers of weight-loss drugs - is investing in a new factory for the production of chips for quantum computers.

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The facility in Copenhagen - where chips for quantum computers will be developed, designed and manufactured - will be operated by the company Quantum Foundry Copenhagen, according to a press release.

The Novo Nordisk Fund - which has so far invested 2.9 billion in quantum technology - initially plans to invest around 400 million Danish kroner (almost 600 million SEK) in the factory.

But more money will be needed to get production up and running within two years as planned, according to Peter Krogstrup, CEO of Quantum Foundry Copenhagen.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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