Sydney startup Diraq has claimed another milestone in its race to build an error-corrected quantum computer and says it is on pace to beat out competitors in a field that includes government-backed PsiQuantum, local rivals and tech giants. The company on Thursday announced a record control accuracy for qubits using its technology — a key…
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Australia’s almost $1 billion bet on a single quantum company is out of step with the yardstick set by other leading quantum nations, according to two local quantum startups, who have backed a national testbed to propel the sector forward. But the companies remain hopeful the historic investment to lure US-based PsiQuantum to Australian shores…
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Sydney-based startup Diraq is confident it can develop the world’s first commercial quantum computing system in just over four years’ using silicon quantum dots, beating out other local and international players. At the opening of its new laboratory at the University of New South Wales on Tuesday night, Diraq founder and chief executive Andrew Dzurak…
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Sydney quantum startup Diraq on Tuesday announced it has raised another $23 million to expand its local staff and launch into the US market as it pursues development of a full-stack quantum computer. The funding round – the second part of Diraq’s Series A – was led by Quantonation, a French venture capital fund dedicated…
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Ho, ho, ho dear readers, it’s time for my favorite column of the year. In the past month, we have sent an army of email elves to the far-flung reaches of the Australian continent in search of book recommendations. We have interrogated leaders and luminaries from across the different parts of our beautiful and complex…
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Ho, ho, ho dear readers, it’s time for my favorite column of the year. In the past month, we have sent an army of email elves to the far-flung reaches of the Australian continent in search of book recommendations. We have interrogated leaders and luminaries from across the different parts of our beautiful and complex…
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Diraq founder and chief executive Andrew Dzurak says the company is on track toward building a quantum computer in Australia capable solving commercially relevant problems inside five years. And the company will produce fault-tolerant, error-corrected quantum computers based on “many millions” of qubits in a 10-year horizon. That’s the timetable of progress Diraq has set…
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Quantum computing is set to revolutionise industries and everyday life, and Australia is leading the way on its development. To reach the scale needed, quantum computers need billions of qubits, and the industry is on the hunt for a truly scalable path to reach this number. Sydney-based company Diraq has found a way to do…
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Making quantum leaps in the global economy is only possible with the latest, greatest and most informed guidance. That’s because emerging quantum technologies involve a new way of thinking that could not only help counter the world’s most pressing issues, such as climate change, hunger and disease, but evolve —fast — to withstand cyber-attacks and…
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