Chicago deal casts ‘dark shadow’ over PsiQuantum promise


PsiQuantum’s plan to build a second quantum computer in Chicago just a year after Brisbane “casts a very dark shadow” over the investment of the Australian and Queensland governments, according to shadow science minister Paul Fletcher.

The deal, part of a wider project to create a massive quantum computing campus in the US State of Illinois, also exposes the limits of the government’s deal-making in terms of exclusivity and intellectual property, he said.

On Thursday, PsiQuantum announced plans to build its second utility-scale, fault-tolerant quantum computer in Chicago by 2028 – a year after it is set to deliver its first quantum computer in Brisbane.

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