The Australian and Queensland governments will provide $614 million in funding to support PsiQuantum’s development of the world’s first commercial-use quantum computer in Australia. In a press release announcing the investment on Monday, Palo Alto, California-based PsiQuantum disclosed that it will build the quantum computer near Brisbane Airport in Queensland. The company expects the site...
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Tag: Quantum Computing
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UK Invests $1.4B in Doctoral Training to Boost Critical Technology Applications
The United Kingdom will fund 65 centers for doctoral training in various universities to support students pursuing doctorate degrees in engineering and physical science. An investment package worth more than $1.4 billion from the British government, businesses, charities and academia will be provided to the CDTs in the coming years to train over 4,000 talented...
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AUKUS Security Alliance Launches Investor Network to Accelerate Advanced Military Technology Development
Australia, the United Kingdom and the United States have launched a new initiative that promotes the development of new advanced military technologies. The AUKUS Defense Investor Network is comprised of private capital investors from about 300 institutional venture capital firms, corporate venture capital groups and family offices from the three nations. Together, the network represents over...
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Infleqtion Awarded Defense Slot in UK Quantum Catalyst Fund
Quantum information company Infleqtion said it has won a defense project award under Innovate UK‘s Quantum Contextual Artificial Intelligence for Long-range Correlations. The Austin, Texas-based company will partner with U.K. defense company QinetiQ in the Q-CALC data analysis project. The project, titled Quantum End-to-end Compilation for Combinatorial Optimisation, QECCO for short, is a three-year undertaking...
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Thales Post-Quantum Cryptography Kit To Help Businesses Against Data Breaches
Thales has launched the PQC Starter Kit, a new solution to help businesses prepare against data breaches that are expected to emerge in the post-quantum cryptography era. The Paris-based technology company developed the kit in partnership with quantum computing company Quantinuum. Through the kit’s trustworthy environment, businesses can test quantum-hardened, PQC-ready encryption keys to learn...
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US, South Korea to Advance Joint R&D Efforts on Quantum Technology
The United States and South Korea have agreed to expand their existing cooperation to advance research and development efforts on quantum computing. Officials from the U.S. National Institute of Standards and Technology and the Korea Research Institute of Standards and Science were in Boulder, Colorado, on Monday to sign a revised memorandum of understanding to...
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UK, Canada Sign New Agreements to Promote Joint R&D Efforts on AI
The United Kingdom and Canada have struck new agreements to jointly conduct research and development on artificial intelligence and other technologies. Michelle Donelan, U.K. technology secretary, and Francois-Phillippe Champagne, Canada’s minister for innovation, science and industry, signed a dual set of agreements in Ottawa on Wednesday. The agreement follows a larger partnership on science and...
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Q-CTRL, Diraq Engage In Quantum Work for Australia, US
Australian quantum technology companies Q-CTRL and Diraq are set to work together on several multimillion-dollar projects for government customers. One of the projects will see the companies develop new techniques to operate and optimize next-generation silicon quantum processors for the U.S. Army Research Office. Diraq, a manufacturer of silicon-based quantum computing chips, is currently leading...