Tag: quantum

Audit office clears king-sized cost of PsiQuantum legal fees

Posted on   |  by Justin Hendry
The national auditor has cleared a multi-million dollar blowout on legal advice for the federal government’s investment in Californian quantum startup PsiQuantum, concluding that the key due diligence contract...

Former spy chief Nick Warner joins PsiQuantum board

Posted on   |  by Justin Hendry
Former spy chief Nick Warner has been appointed as a non-executive director of PsiQuantum, the tech startup that will stage its attempts to build the world’s first utility-scale, fault-tolerant...

In-Q-Tel adds Quantum Brilliance to its portfolio

Posted on   |  by Brandon How
The California-based VC firm spawned from the US defence intelligence community In-Q-Tel has grabbed a share of Australian quantum computing startup Quantum Brilliance as a part of its US$20...

2025 will see huge advances in quantum computing: Here’s why

Posted on   |  by Muhammad Usman
In recent years, the field of quantum computing has been experiencing fast growth, with technological advances and large-scale investments regularly making the news. The United Nations has designated 2025...

PsiQuantum says Brisbane site on track as Chicago races ahead

Posted on   |  by Justin Hendry
PsiQuantum says it is on track to break ground on the mammoth manufacturing and production facility for its attempts to build the world’s first utility- scale, fault-tolerant quantum computer...

Govt lays down next quantum challenges

Posted on   |  by Joseph Brookes
The federal government will fund exploratory quantum work in biosecurity, health, transport and energy networks with up to $18 million in a bid to develop the local sector and...

Quantum Brilliance outlines a future for quantum chipmaking

Posted on   |  by Brandon How
Quantum Brilliance will use its $30 million capital raise in part to expand its Melbourne-based development facility to scale the manufacturing processes for the synthetic diamond-based chips destined for...

Google claims quantum error correction breakthrough

Posted on   |  by Justin Hendry
Google claims to have overcome a key challenge in quantum error correction with the arrival of a new chip capable of solving problems in five minutes that would otherwise...