EuroHPC Launches 6 Quantum Calls with €119M in Funding

Naive question: Why pile so much public money into quantum computing where there are (afaik) barely any useful algorithms, while Europe could instead invest in catching up on GPU infrastructure where there are plenty of known useful and capacity constrained use cases in academia and beyond?

Feels telling that there is a €20m budget for a certification program (very EU, but also surprising this isn't ironed out yet), and the largest single funding I can see at €24m is QKD and to prevent sovereign eavesdropping detection tech.

I feel as though quantum is just starting to get to the point of interesting but is still too early for me to get excited about as having practical application within my career time frame (I expect to be retired in ~15 years).