Quantum Computing

Australian-founded quantum companies Diraq and PsiQuantum are among nine recipients of US$2 billion in CHIPS Act letters of intent announced overnight, with US government equity stakes attached to every deal….

PsiQuantum has shifted its $940 million federally-backed Brisbane quantum computer build from the airport precinct to Moreton Bay’s old Petrie paper mill, with groundbreaking now slated for June. The Palo…