A quantum computing startup says it is already making millions of light-powered chips

By Christopher Ferrie, University of Technology Sydney American quantum computing startup PsiQuantum announced on February 26 that it has cracked a significant puzzle on the road to making the technology useful: manufacturing quantum chips in useful quantities. PsiQuantum burst out of “stealth mode” in 2021 with a blockbuster funding announcement. It followed up with two…

PsiQuantum to build $1bn fault tolerant quantum computer

The Australian and Queensland Governments will invest almost $1 billion into frontier technology company PsiQuantum to build the world’s first fault tolerant quantum computer in Brisbane. The investment follows decades of investment by governments in quantum computing research which has established a healthy science based start up sector, however the size of the investment is…