Tag: PsiQuantum

Queensland reveals detail of equity stake in PsiQuantum

Posted on   |  by Joseph Brookes
The Queensland government’s $465 million investment in PsiQuantum includes a US$125 million (A$188 million) convertible note, offering the state a potentially valuable share in the US firm vying to...

‘Possibly a sham’: Quantum EoI baited local market

Posted on   |  by Justin Hendry
The federal government has been accused of running a misleading quantum computing EoI that baited information from local players while commercial discussions with PsiQuantum were already well advanced. Current...

Govt racks up $7m bill for external advice on PsiQuantum

Posted on   |  by Joseph Brookes
The federal government has spent almost $7 million on external advice related to its controversial investment in Californian startup PsiQuantum, bringing in legal firms, probity advisers and management consultants...

PsiQuantum technology risk assessment stays hidden

Posted on   |  by Joseph Brookes
Defence’s security and technology experts provided a risk assessment on the government’s PsiQuantum deal that went to potential issues with the emerging technology and for the US company itself....

Labor and Coalition are two cheeks of the same arse on IT

Posted on   |  by James Riley
To paraphrase a line from British politician George Galloway, when it comes to building Australian capability in the information technology sector, the Coalition and Labor are two cheeks of...

PsiQuantum bet prompts innovation support concerns in NSW

Posted on   |  by Brandon How
New South Wales-based quantum companies will be overlooked for funding or drawn to other jurisdictions without additional support for the state’s innovation districts, according to the Committee for Sydney....