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Quantum Machines, a quantum software company from Tel Aviv, plans to set up a lab at the Illinois Quantum and Microelectronics Park (IQMP) in Chicago. The company aims to enhance Illinois' position as a leading quantum technology hub, supported by a $500 million state investment.

Quantum Machines, which has raised $280 million and employs approximately 300 people globally, joins other tenants including PsiQuantum and IBM. The IQMP is designed to foster quantum research and commercialization, with a focus on scaling quantum technologies.