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Quantum computing milestone keeps Australia in the super computer raceWednesday, August 23, 2017
A new company that will advance silicon quantum computing research and commercialisation in Australia was announced at the University of New South Wales (UNSW) today
The Silicon Quantum Computing Pty Ltd (SQC) is a large scale collaboration between UNSW, the Commonwealth Government, the NSW Government, Commonwealth Bank Australia and Telstra.
Through the National Innovation and Science Agenda, the government is investing $25 million over five years in SQC to produce a prototype silicon quantum computer chip—the first step in building a fully functional quantum computer.
The University of New South Wales is also contributing $25 million, the Commonwealth Bank of Australia and Telstra are providing $10 million each to fund this world-leading research over the next five years. In addition, the NSW Government has announced that it would also support this ground-breaking research by investing $8.7 million in Silicon Quantum Computing.
Quantum computers are expected to transform the way we live, work, and do business over the coming decades—creating new jobs, in new industries, not even imaginable today.
Read the media release.
For more information about SQC please visit the UNSW website.
Learn more about other NISA initiatives that are helping researchers and universities.