Revolutionary Quantum Computer to Be Developed in Brisbane

The Commonwealth and Queensland governments have pledged almost $1 billion (US$652 million) towards a project that will build the world’s first “commercially useful” quantum computer in Brisbane. Tasked with developing a general-purpose quantum computer capable of solving complex problem, $470 million each in equity and loans will be contributed toward the project helmed by Silicon Valley company PsiQuantum. The link to Brisbane came via two of PsiQuantum’s founder’s, both alumni of Queensland University and professors, Jeremy O’Brien and Terry Rudolph. Mr. O’Brien told the AFP that if successful, the Brisbane project would change industry as we know it....