Author: Justin Hendry

Diraq among nine quantum firms to win $2.8bn US backing

Posted on   |  by Justin Hendry
The Trump administration will take US$2 billion (A$2.8 billion) in equity stakes across nine quantum computing companies, including Australia’s Diraq, in a major push to secure US leadership in...

CSIRO is cutting climate science jobs. This is what’s at stake

Posted on   |  by Christian Jakob, Andy Hogg and Sarah Perkins-Kirkpatrick
CSIRO has told staff it will cut 92 positions in its environment unit, just days after the Australian government boosted funding to the national science agency by $387 million....

PsiQuantum scraps Brisbane Airport plans, heads north

Posted on   |  by Justin Hendry
PsiQuantum has abandoned plans to build its stadium-sized quantum computing facility at Brisbane Airport, opting instead for a new site in the northern Brisbane suburb of Petrie better suited...

TechOne tips UK to match top Aussie market in two years

Posted on   |  by Byron Kaye, Jasmeen Ara Islam Shaikh and Kumar Tanishk
Australian software company TechnologyOne on Tuesday said it expects to continue benefitting from cost cuts at a time when a surge of populist lawmakers is set to come to...

Elon Musk loses lawsuit against OpenAI

Posted on   |  by Deepa Seetharaman, Jonathan Stempel and Greg Bensinger
A US jury has ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world’s richest person for having allegedly strayed...

Spender pushes for CGT fix as startup fallout continues

Posted on   |  by Justin Hendry
Independent MP Allegra Spender has put the Albanese government on notice that its capital gains tax overhaul, designed to make the tax system fairer, risks upending the startup sector...

Quantum sensing innovators win $7.2m in ASCA contracts

Posted on   |  by Justin Hendry
Three local quantum sensing innovators have been tapped by Defence’s advanced technology incubator to develop prototype undersea navigation solutions for warfighters traversing GPS-denied environments. Phasor Innovation, Nomad Atomics and...