New York City and NYU are partnering to launch the $284 million Quantum Fabrication Facility (QFab) at 770 Broadway, set to open in 2030. The facility will focus on quantum chip development and aims to foster startups, provide fabrication services, and support workforce development through CUNY and NYC Public Schools. This initiative features a unique public-equity model, granting NYC a 15% share in IP generated with city-funded equipment and seats on the QFab Executive Advisory Board.
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