The Government’s bold $1 billion gamble on quantum computing technology
6 months, 3 weeks ago

The Government’s bold $1 billion gamble on quantum computing technology

ABC  

RHIANA WHITSON, REPORTER: Quantum computing is predicted to revolutionise everything from medicine, energy networks to defence. RHIANA WHITSON: Quantum computing is still an unproven technology so some in the scientific world were surprised when last month the federal and Queensland governments announced a joint almost one-billion-dollar investment in a US based company - PsiQuantum. RHIANA WHITSON: There are also concerns that while the Federal Government did seek advice from the chief scientist, it did not consult its own Quantum Advisory Committee about the investment and claims it ran a narrow and secretive EOI process that favoured PsiQuantum. We approached 20 domestic and international firms to see who would be best placed to build one of the world's first fault tolerant quantum computers and also have spillover effects for local industry. RHIANA WHITSON: Stephen Bartlett says large government investments in local quantum companies will be crucial for a breakthrough.

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History of this topic

QNu Labs plans geographical expansion
1 month, 1 week ago

QNu Labs plans geographical expansion

The Hindu  

QNu Labs, a quantum-safe cybersecurity company from India, has announced geographical expansion plans to provide its quantum cryptography solutions in the U.S. and other key markets. “By the end of 2024 financial year, we aim to firmly establish QNu Inc as a leading provider of quantum cryptography solutions in the U.S.,” said Rahil Patel, chief growth officer QNu Labs over …

What is the ‘responsible quantum technologies’ movement? | Explained
5 months, 2 weeks ago

What is the ‘responsible quantum technologies’ movement? | Explained

The Hindu  

The United Nations recently said 2025 will be observed as the International Year of Quantum Science and Technology. The WEF’s objective here is to accelerate the development of responsible quantum computing by building trust in the technology during its development to preempt and mitigate potential risks. From another perspective, a group of academics from the U.S., Canada and Europe recently …

A quantum showcase presents lawmakers with the technology's threats and opportunities
7 months ago

A quantum showcase presents lawmakers with the technology's threats and opportunities

NPR  

A quantum showcase presents lawmakers with the technology's threats and opportunities Lawmakers on Capitol Hill recently got a crash course in quantum science. AILSA CHANG, HOST: On Capitol Hill, bipartisan conversations about advanced technology aren't necessarily the norm, but that was exactly the goal of a recent showcase in a Senate ballroom in Washington, D.C. NPR cybersecurity correspondent Jenna McLaughlin …

Australia signs deal worth almost $1b with PsiQuantum to build world's first 'useful' quantum computer
7 months, 3 weeks ago

Australia signs deal worth almost $1b with PsiQuantum to build world's first 'useful' quantum computer

ABC  

In short: Australia will invest nearly a billion dollars to build the first commercially useful quantum computer in Brisbane. Australia will invest almost a billion dollars in a bid to build the world's first commercially useful quantum computer in Brisbane. PsiQuantum will attempt to build the world's first large "fault-tolerant" quantum computer, free from the errors and instabilities that render …

The Atomic Revolution - ABC listen
1 year, 2 months ago

The Atomic Revolution - ABC listen

ABC  

Jonathan Webb: Hello, I'm Jonathan Webb and I'm thrilled to be introducing this year's Boyer Lectures on Gadigal country in Sydney. Fortunately, a new kind of microscope had been invented in the 1980s – the scanning tunnelling microscope – which allowed us for the first time to ‘see’ individual atoms. By developing tools to see, organise, control, and measure information …

Britain aims to get quantum computing ‘by 2030’ with record investment
1 year, 10 months ago

Britain aims to get quantum computing ‘by 2030’ with record investment

The Telegraph  

A pair of university professors have secured the biggest ever investment for a British quantum computing company amid a global race to master the high-powered devices. London-based Quantum Motion has raised £42m from investors including the taxpayer’s technology investment fund and Porsche SE, the German family-owned multinational behind the Volkswagen Group. Quantum Motion was spun out of University College London …

Inside India’s quest to ride quantum wave
2 years, 5 months ago

Inside India’s quest to ride quantum wave

Live Mint  

NEW DELHI : If India achieves its target of about 30 million electric vehicles in the next two years, it will also need many more electric charging stations. Quantum computing also rides on ‘quantum entanglement’, a property that Albert Einstein referred to as “spooky action at a distance" since it allows quantum particles to connect regardless of their location in …

Global quantum computing market to grow to $8.6 Billion in 2027, report says
3 years ago

Global quantum computing market to grow to $8.6 Billion in 2027, report says

The Hindu  

Spending on quantum computing is expected to grow to $8.6 billion in 2027, from $412 million in 2020, growing at an annual growth rate of 50.9% over the period, according to research firm IDC. "For many critical problems, classical computing will run out of steam in the next decade and we will see quantum computing take over as the next …

Australian invention will see 'transformational' scaling up of quantum computers, experts say
3 years, 10 months ago

Australian invention will see 'transformational' scaling up of quantum computers, experts say

ABC  

Australian researchers have unveiled an invention being hailed as "the first decent pick and shovel" in the "gold rush" to develop large quantum computers. Key points: A new kind of chip that works in ultra-low temperatures removes a major barrier to scaling up quantum computers Experts say it could lead to much faster quantum computers within the next few years …

Billion-dollar quantum computing and AI fund announced by US
4 years, 3 months ago

Billion-dollar quantum computing and AI fund announced by US

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Last year, Google claimed to have achieved what is known as "quantum supremacy", whereby a quantum computer …

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