Australia Signs $620M Deal for Quantum Computer by 2027, Using Dark-Horse Tech

May 7, 2024, 01:30 PM

Australia has entered into a significant $620 million contract with a U.S. startup to develop a quantum computer capable of breaking codes by 2027. This investment marks a substantial push in the global race to achieve a fully functional quantum computer, utilizing a dark-horse technology that is still emerging. The deal is seen as a pivotal moment for the quantum computing sector, potentially revitalizing investment and interest in this high-stakes technological field.