Tag: quantum

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...

Tech giant Microsoft exits quantum research in Australia

Posted on   |  by James Riley
Technology giant Microsoft will exit quantum computing research in Australia, confirming a plan to close its facility at the University of Sydney and to consolidate the company’s quantum efforts...

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....

ANU, Fujitsu plan quantum computer for Canberra

Posted on   |  by Brandon How
Plans to build a quantum computer in Canberra have been set in motion after the Australian National University signed a new agreement with Japanese tech conglomerate Fujitsu. On Thursday,...

Diraq banks another $10m in Series A funding

Posted on   |  by Justin Hendry
Sydney quantum startup Diraq has chalked up another $10 million in funding through an expanded Series A as the company continues its efforts to develop the world’s first fully...

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...