Tag: Ed Husic

R&D ‘languishing’ despite lift in government spending

Posted on   |  by Justin Hendry
The federal government expects to lift overall spending on R&D by almost $650 million this financial year, outpacing sluggish R&D spending growth in the private sector, according to new...

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’...

Husic defends govt’s track record on AI investment

Posted on   |  by Justin Hendry
Industry minister Ed Husic says millions in existing funding for artificial intelligence is available to local firms willing to “step up”, rejecting criticism leveled at the government over its...

Australia proposes mandatory guardrails for AI

Posted on   |  by Justin Hendry
The Albanese government has proposed ten mandatory guardrails for artificial intelligence in high-risk settings as it moves to curb dangers posed by the nascent technology. A standalone Artificial Intelligence...

Government faces ANAO scrutiny over PsiQuantum deal

Posted on   |  by Justin Hendry
The national audit office has flagged a potential review of the federal government’s use of specialist investment vehicles in the wake of its controversial deal with Californian quantum startup PsiQuantum....