Tag: PsiQuantum

Angus Taylor takes aim at Australia’s quantum bet

Posted on   |  by Justin Hendry
Not every budget reply speech by a first-term opposition leader finds room among contentious capital gains tax and negative gearing reforms for a swipe at a foreign quantum computing...

PsiQuantum’s grand plan for Brisbane remains just that

Posted on   |  by Justin Hendry
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...

PsiQuantum yet to submit Brisbane site plans two years on

Posted on   |  by Justin Hendry
California-based startup PsiQuantum is yet to break ground in constructing its stadium-sized quantum computing facility at Brisbane Airport, two years after the federal and Queensland governments staked close to...

News Wrap: NSW makes its play for semiconductors

Posted on   |  by James Riley
Australia will open its first commercial semiconductor packaging facility in western Sydney in 2027, creating a strategic toe-hold in a high-value part of the global silicon supply chain. In...

Queensland Premier cranks heat on PsiQuantum delays

Posted on   |  by James Riley
If Queensland Premier David Crisafulli is worried about the state’s $470 million investment in US quantum computing startup PsiQuantum and the company’s slow progress, he keeps it well hidden....

Gig Guide: Former AMD president steps in as PsiQuantum CEO

Posted on   |  by David Allen
PsiQuantum has announced a surprise leadership restructure, switching co-founder and chief executive Jeremy O’Brien to an executive chair role as the quantum developer pursues a pivot from research to...

CSIRO publishes quantum power breakthrough

Posted on   |  by David Allen
Researchers at the national science agency have developed a more energy and temperature-efficient architecture for quantum computers using emergent tiny battery technology. The CSIRO on Monday published new research...

Australia leads developed world in govt quantum investment

Posted on   |  by Justin Hendry
Australia led the developed world in quantum computing investment by government over the four years to 2024, with its public spending surpassing every other OECD nation, an international report...