Santander seeks companies with the best solutions in quantum computing and artificial intelligence
Santander seeks companies with the best solutions in quantum computing and artificial intelligence
Publish Date: 2026-05-11 15:52:00
Source Domain: www.santander.com
- Quantum Computing and AI Initiative: Banco Santander and IBM are launching a global challenge to promote solutions that leverage the combined power of quantum computing and AI to address complex societal challenges and enhance digital security.
- Support for Innovators: The challenge aims to foster a robust global quantum ecosystem by supporting breakthrough companies through funding, industry expertise, and investment opportunities from IBM Ventures.
- Rewards for Winning Projects: Six winning projects will be selected by an expert jury and receive a total prize pool of €120,000, with €30,000 each for three startups and €30,000 each for three scaleups.
- Accelerated Development Opportunities: Winning companies will join Santander X 100, gaining access to Fintech Station, and additional support from IBM including AI sessions, quantum innovation teams, and opportunities to pitch to IBM Ventures.
- Educational Partnerships and Commitment to Society: Banco Santander has invested €2.5 billion in education, employability, and entrepreneurship in partnership with over 1,000 universities worldwide, benefiting more than 8.3 million people. It is also noted for its commitment to global social impact.
