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$46 Million in Funding for Silicon-Based Quantum Computing at UNSW

takyon writes:

Physicists at the University of New South Wales in Australia have received $26 million from the federal government and $10 million from the Commonwealth Bank and Telstra to advance work on a silicon-based quantum computer:

Telstra and the Commonwealth Bank have each pledged $10 million in cash and in-kind support over the next five years for research into the development of silicon quantum computing technology in Australia.

The funds will go to the Centre for Quantum Computation and Communications Technology (CQC2T), which is headquartered at the University of New South Wales.

It comes just a day after Prime Minister Malcolm Turnbull announced an additional $26 million over five years for CQC2T as part of the federal government's innovation plan.

The funds will go towards the development of a silicon quantum integrated circuit, as part of a broader bid by researchers to build the world's first silicon-based quantum computer.

IBM to Develop Hardware to Wipe Out Errors in Quantum Computing

takyon writes:

IBM has also received more funding to pursue universal quantum computing:

The race to build a full-blown quantum computer is heating up. Tech giant IBM has been working on error-correcting techniques for quantum hardware, and has now won funding from the US Intelligence Advanced Research Projects Activity (IARPA) to take it to the next level.

[...] Chow says they need around 20 physical qubits to create one logical qubit, but packing the qubits close together will be tricky. "When you put many of them together, you don't know that they are going to work the same way as when you just have one," he says. "How you properly engineer this larger chip is going to be a big challenge."

IBM and IARPA have not yet revealed how much funding is going into the five-year research programme, but money is already pouring into quantum computing around the world.

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