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A Day in the Life of a Tech CEO: Claudine Ogilvie on preparing for a quantum computing revolution
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Strategic Business Initiatives The Next Conversation

A Day in the Life of a Tech CEO: Claudine Ogilvie on preparing for a quantum computing revolution

Sep 24, 2024 | 3 mins

In April, US-based PsiQuantum announced it would build the world’s first utility-scale fault tolerant quantum computer in Brisbane thanks to a $940 million investment from the Australian and Queensland governments.

Former US Department of Defense official, Michèle Flournoy, who also serves on PsiQuantum’s advisory board, told the Australian Financial Review last week that the combined power of quantum and AI technologies will be the equivalent of this century’s nuclear bomb.

It’s certainly a critical time in the development of quantum machines, particularly in this AI era.

So, what is a quantum computer?

Put simply, a quantum computer is based on the principles of quantum mechanics. Unlike traditional computers, which use bits that are either 0 or 1, these machines use qubits, which can be in a state of 0 or 1 simultaneously. This is called ‘superposition’ and it enables quantum computers to process vast amounts of information concurrently to…

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