In April 2024, Prime Minister Anthony Albanese and then-Queensland Premier Steven Miles stood beside PsiQuantum founders Jeremy O’Brien and Terry Rudolph to announce a $940 million public stake in the company.
It was heralded as a “game changer” investment – one that would propel Brisbane to global tech powerhouse status and deliver Australia first-mover access to a fault-tolerant quantum computer and all the spillover benefits that promises to bring.
But …
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