Australia just made a billion-dollar bet on building the world’s first ‘useful’ quantum computer in Brisbane. Will it pay off?
- Written by: Christopher Ferrie, A/Prof, UTS Chancellor's Postdoctoral Research and ARC DECRA Fellow, University of Technology Sydney
PsiQuantumThe Australian government has announced a pledge of approximately A$940 million (US$617 million) to PsiQuantum, a quantum computing start-up company based in Silicon Valley.
Half of the funding will come from the Queensland government, and in exchange, PsiQuantum will locate its planned quantum computer in Brisbane, with a regional...