Tag: PsiQuantum

Brisbane vs Chicago: Labor’s quantum-sized dilemma

Posted on   |  by Paul Fletcher
Australia is home to some of the world’s best quantum computing talent. Diraq, Silicon Quantum Computing, Q-Ctrl and Quantum Brilliance are all working at the forefront of this critically...

PsiQuantum plans second quantum computer for Chicago

Posted on   |  by Brandon How
Silicon Valley startup PsiQuantum is set to build its second quantum computer in Chicago by 2028 following a $760 million investment from the US State of Illinois. The US$500...

Qld’s bill for PsiQuantum advice revealed

Posted on   |  by Justin Hendry
The Queensland government spent close to $2 million across just two contracts for external advice on its controversial investment in Californian startup PsiQuantum, Budget estimates has heard. The legal...

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...

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....

Auditor to probe $3.53m cost of legal advice on PsiQuantum

Posted on   |  by Justin Hendry
The national audit office will probe the rapid increase in the cost of the federal government’s main due diligence contract for its controversial investment in Californian quantum startup PsiQuantum. Auditor-General...

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...