UNSW has struck a $70 million deal to create a consortium to develop and commercialise technology that could lead to the world’s first quantum computer in silicon.
UNSW’s flagship quantum computing project has received a second major injection of funds from Australia’s corporate sector, with Telstra matching a Commonwealth Bank pledge of $10 million.
Australia may win the race to build a revolutionary quantum computer, but UNSW global research leader Michelle Simmons warns that without investment we risk losing the industry offshore.