Jun 17, 2026 – 6.25pmConstruction of PsiQuantum’s billion-dollar supercomputer will finally start on Thursday, a year later than anticipated and at a new location in Brisbane that the company says has potential for expansion.The quantum computing start-up has received almost $1 billion in federal and Queensland government funding to build what it says will be the world’s first fault-tolerant, utility-scale quantum computer, capable of solving complex scientific problems.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
First look at PsiQuantum’s revamped supercomputer project
The quantum computing start-up is playing catch up with its bold plan to build the world’s first utility-scale supercomputer in Brisbane.












