Tag: quantum

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Policy

Quantum is a safe bet when you fear AI

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...

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....

Australia invests $1bn in US firm PsiQuantum

Posted on   |  by Justin Hendry
The federal and Queensland governments will together invest almost $1 billion in California-based PsiQuantum to build the world’s first fault-tolerant error-corrected corrected quantum computer in Australia. Prime Minister Anthony...

Quantum needs ‘agile procurement’ by govt

Posted on   |  by Joseph Brookes
Governments must look beyond grant funding to procure cutting edge technology themselves to grow the quantum sector, according to renowned British physicist and professor Sir Peter Knight. Professor Knight,...

ASCA swamped with long-term R&D proposals

Posted on   |  by Justin Hendry
The Advanced Strategic Capabilities Accelerator’s inaugural appeal for long-term R&D projects has been met with an overwhelming response, with nearly 180 proposals submitted by industry and universities. The proposals...

NEC and D-Wave expand quantum presence in Australia

Posted on   |  by Brandon How
Japanese conglomerate NEC and D-Wave, a Canadian quantum firm backed by Amazon’s Jeff Bezos and In-Q-Tel, are expanding their presence in Australia, launching two new quantum services to compete...