Banco Santander has launched Santander X Global Challenge | The Quantum AI Leap, a new global challenge developed in collaboration with IBM, Bluzec, and Oxentia Foundation. This global initiative targets startups and scaleups across 10 countries (Germany, Argentina, Brazil, Chile, the United States, Spain, Mexico, Portugal, the United Kingdom, and Uruguay) that are developing innovative solutions rooted in quantum computing and artificial intelligence. The challenge aims to uncover disruptive projects capable of transforming critical sectors such as finance, energy, healthcare, logistics, and cybersecurity through advanced computing, optimization of complex systems, and enhanced digital security. Companies can submit solutions in three key areas: technologies for quantum system development and scaling (including hardware and AI integration), solutions combining quantum computing and AI for real-world problems (software, algorithms, applications), and technologies for post-quantum cryptographic security. The six winning companies will share €120,000 in prizes (€10,000 each for three startups and €30,000 each for three scaleups), gain access to the exclusive Santander X 100 community, receive strategic mentoring from IBM experts, and up to €10,000 in specialized services from Bluzec. Applications are open until June 30 via the Santander X platform.
Supporting education, employability and entrepreneurship
Banco Santander has been a pioneering supporter of education, employability, and entrepreneurship for 30 years, distinguishing itself among global financial institutions. The bank has invested 2.5 billion euros in these areas, partnering with over 1,000 prestigious international universities and entities in 13 countries, benefiting more than 8.3 million people and businesses. Santander was also recognized in Fortune magazine’s 2025 “Change the World” list for its significant contributions to global improvement.
IBM
IBM is a leading global provider of hybrid cloud, AI, and business services, assisting clients in over 175 countries to leverage data insights, streamline business processes, reduce costs, and gain competitive advantages. Governments and corporate entities in critical infrastructure sectors like financial services, telecommunications, and healthcare depend on IBM's hybrid cloud platform and Red Hat OpenShift for rapid, efficient, and secure digital transformations. IBM’s innovations in AI, quantum computing, industry-specific cloud solutions, and business services offer open and flexible options, all supported by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity, and service.
Bluzec
Bluzec is a technology and advisory company dedicated to accelerating the practical adoption of quantum computing integrated with artificial intelligence for businesses. By combining strategic insight with deep expertise in quantum technologies, Bluzec assists organizations in identifying emerging use cases, preparing their digital and security infrastructure, and translating quantum innovation into tangible commercial value.
Oxentia Foundation and its commitment to global innovation and entrepreneurship
Oxentia Foundation was established to further Oxentia’s original mission of addressing global inequalities through innovation and entrepreneurial activities. The foundation organizes international entrepreneurship competitions and awards, offering advisory support to entrepreneurs. Its aim is to promote the commercialization of science- and technology-based projects that contribute to the United Nations Sustainable Development Goals. Oxentia originated from Oxford University Innovation, the University of Oxford's technology transfer company, and provides specialized innovation management services to public and private sector clients worldwide, drawing on over 30 years of experience in academic innovation and entrepreneurship across more than 70 countries.
