Tag: PsiQuantum

PsiQuantum deal lashed as ‘total drongo’ move at SXSW

Posted on   |  by Joseph Brookes
Australia’s $1 billion investment in a US quantum computing firm was a “total drongo” move and would have been better spent supporting local startups, according to David Cameron’s former...

PsiQuantum debate gets ugly in Canberra

Posted on   |  by Joseph Brookes
Australia’s $1 billion bet on a US quantum computing startup will deliver double digit returns to taxpayers, Industry minister Ed Husic has claimed while defending the deal from Opposition...

Local quantum leaders push for govt ‘test-bed’ support

Posted on   |  by James Riley
The federal government is assessing an unsolicited proposal from a group of Australian quantum companies seeking substantial funding to build ‘test-bed’ infrastructure that could be used by the local...

‘Salesman push’: Chief scientist doubted $1b quantum deal

Posted on   |  by Justin Hendry
Australia’s outgoing chief scientist Cathy Foley initially doubted the claims of Californian startup PsiQuantum in its unsolicited proposal to the federal government and was “put off by the ‘salesman’...

Queensland dishes out $53m in quantum grants

Posted on   |  by Justin Hendry
The Queensland government has delivered a $53 million boost to quantum research and commercialisation in support of PsiQuantum’s endeavor to build the world’s first fault-tolerant, error-corrected quantum computer. Seven...

Creating local ingredients for quantum success

Posted on   |  by Professor Stephen Bartlett
The National Quantum Strategy contains a truly audacious claim: that Australia will build the world’s first error-corrected quantum computer.  Is this possible? Australia doesn’t even manufacture conventional computers. Can...

Semiconductor expertise is a key economic building block

Posted on   |  by Dr Nadia Court
Any casual conversation about Australian invention usually starts with the humble Hills Hoist – a simple mechanical system known for its practicality and durability. The conversation often progresses to...