AI is hitting new limits. This tech may hold the solution
Opinion: As AI hits an infrastructure wall, quantum technologies could help Australia seize its next big tech opportunity, argues Petra Andrén.
Quantum
Diraq strikes $53m agreement with US Government – and is eyeing up to $420m more
The quantum computing startup will receive up to $53 million to establish a supply chain in the US. Later this year it hopes to progress through a US Defence initiative that could score it an even bigger windfall. Andrew Dzurak first received grant funding from the US Government when he was a quantum academic in […]
‘Banana republic territory’: Founder says CGT changes will leave Aussie startups ‘captive’
Michael Biercuk was one of many startup founders who joined Allegra Spender’s roundtable on capital gains tax reform.
PsiQuantum ditches Brisbane Airport plan in bid to break ground on supercomputer
The startup hoped to begin constructing facilities at the Brisbane Airport Industrial Park last year. Now it’s found a new home for its quantum computer, due by the end of next year.
Want to solve Australia’s productivity crisis? Think Quantum
Opinion: The national conversation on productivity is stuck on AI. It’s understandable, and short-sighted. Australia’s excellence in quantum can capture high-value growth that can reverse our productivity decline.
Australian quantum company sets q-tech funding record with $168 million Series B
Q-CTRL received a further US$59 million (AU$88 million) capital injection, bolstering its latest funding round led by late-stage venture capital firm, GP Bullhound.