Tag: PsiQuantum

A future built on politics: Prospect theory vs mission economy

Posted on   |  by Sandy Plunkett
For all the pre-budget Future Made in Australia hype; all the predictions that federal Labor would deliver a bold state-led ‘mission economy’ reindustrialisation agenda of the type evangelised by...

Canberra loans California’s PsiQuantum at least $200m

Posted on   |  by Justin Hendry
PsiQuantum has been loaned at least $200 million by the Albanese government to stage its attempts to build the world’s first commercial quantum computer in Brisbane, Budget documents reveal....

Quantum is a safe bet when you fear AI

Posted on   |  by Sandy Plunkett
The $940 million investment in Silicon Valley-based startup PsiQuantum jointly made by the federal and Queensland governments last week represents the first WTF moment of the recently announced Future...

Quantum lobbyists go to work for PwC

Posted on   |  by Joseph Brookes
PwC has engaged the lobbying firm that helped an American quantum computing company secure a near $1 billion government investment this week, as a path back to government work...

National quantum advisory body not consulted on $1bn deal

Posted on   |  by Justin Hendry
The hand-picked committee of eminent science and business leaders enlisted to provide advice to the Albanese government on the national quantum strategy were not consulted on the decision to...

‘Obsessive secrecy’ a red flag for $1bn quantum deal

Posted on   |  by James Riley
Shadow science minister Paul Fletcher says the “obsessive levels of secrecy” applied to Australia’s billion-dollar investment in California-based startup PsiQuantum raises suspicions that the process was reverse-engineered to a...

Govts urged to follow PsiQuantum bet with more local investment

Posted on   |  by Justin Hendry
Australia’s $940 million bet on PsiQuantum should be swiftly followed by more direct investments in local quantum businesses and research organisations, according to the country’s newest technology industry association....