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Unpacking Australia’s $1 Billion Bet On a Future PsiQuantum Quantum Computer

Earlier this year, Australia agreed to invest nearly AUD $1 billion in U.S.-based quantum start-up PsiQuantum in an effort to become the first country to own a commercial-scale quantum computer. The technology is expected to be operational by 2027. “This investment marks the start of a manufacturing and production partnership that will create hundreds of local high-skilled jobs,” the Australian…