Santander launches global quantum and AI challenge for startups and scaleups
Updated
Updated · santander.com · May 11
Santander launches global quantum and AI challenge for startups and scaleups
7 articles · Updated · santander.com · May 11
The programme, unveiled in Madrid with IBM, Bluzec and Oxentia Foundation, targets companies from 10 countries, with applications open until 30 June.
Six winners will share €120,000, join Santander X 100 and may receive IBM mentoring, investor pitching opportunities and up to €10,000 in specialised Bluzec services.
Santander says it wants projects that apply quantum computing and AI in finance, energy, healthcare, logistics and cybersecurity, building on its broader education, employability and entrepreneurship initiatives.
Is this quantum challenge a real bet on disruption or a clever marketing move by a legacy bank?
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The Quantum AI Leap: Santander’s Global Initiative to Drive Technological Breakthroughs
Overview
Banco Santander has launched the Santander X Global Challenge | The Quantum AI Leap to find and support innovative startups and scaleups working in quantum computing and artificial intelligence. The challenge recognizes that the rapid evolution of AI and the major leap promised by quantum computing are set to transform industries worldwide. By bringing together these two powerful technologies, the initiative aims to spark a new era of innovation. Key partners like Bluzec play a crucial role in supporting participants, helping bridge technology with market needs and accelerating the adoption of groundbreaking solutions.