Tag: quantum

Quantum skunkworks to boost NSW competitive edge: Report

Posted on   |  by Justin Hendry
A quantum skunkworks should be stood up in NSW to reinforce the state’s reputation as a global hub for the nascent technology by translating research into new commercial spinouts,...

Govt lays down $36m quantum challenge

Posted on   |  by Joseph Brookes
Quantum firms are being offered grants of more than $5 million each to solve national challenges like optimising energy networks, improving medical imaging and reducing the impact of mining...

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....

Sydney Uni to tackle quantum errors with $10m US grant

Posted on   |  by Joseph Brookes
University of Sydney quantum physicists will work with IBM to suppress errors in qubits in a new four-year research project backed with a $10 million grant from the US...

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...

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...