Tag: PsiQuantum

PsiQuantum to help shape Qld uni offerings

Posted on   |  by Justin Hendry
Queensland’s biggest universities have struck a skills partnership with PsiQuantum that gives the Silicon Valley startup a say in the direction their science, technology and maths courses take. The...

Opposition demands detail on EFA role in PsiQuantum deal

Posted on   |  by Justin Hendry
The federal Opposition has demanded that government explain its use of Australia’s export credit agency to bankroll Cailfornia startup PsiQuantum’s plans to build the world’s first fault-tolerant quantum computer....

Auditor to probe $3.53m cost of legal advice on PsiQuantum

Posted on   |  by Justin Hendry
The national audit office will probe the rapid increase in the cost of the federal government’s main due diligence contract for its controversial investment in Californian quantum startup PsiQuantum. Auditor-General...

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....