Australian Government Commits Nearly $1 Billion AUD to Stand Up a PsiQuantum Utility-Scale Quantum Computer by 2027

Using biological building blocks in place of traditional materials to assemble computers has been a research topic for many years, but recently the first potential commercial use cases have begun to emerge, centered on storage for large data sets. The DNA Storage Alliance, created to promote a storage ecosystem based on synthesized DNA strands, recently shared their aspirations for the emerging technology that offers significant promise in durability, simplicity, cost, and density over traditional magnetic counterparts. The initial goals of the alliance are to educate the public and raise awareness about DNA-based storage. Further out, the alliance may pursue the creation of specifications and standards, such as encoding, physical interfaces, retention, and file systems, to ensure that DNA-based solutions complement existing storage hierarchies. The alliance notes that expectations for the growth rate of current storage mechanisms cannot keep pace with the rising demand for data storage, particularly where growing data retention and related data mining efforts are driving the need to save increasingly larger data sets for longer periods of time. Such requirements are well suited to DNA-based archive storage characteristics in applications including digital content creation, robotics, smart cities, autonomous vehicles, healthcare, astronomy, and climate science.

Japan's NTT, the fourth largest telecommunications company in the world, recently announced the formation of a cooperative organization of Japanese firms designed to promote Japan's technical position in quantum technologies and to help Japan complete globally with US and Chinese rivals in both quantum computing and quantum communications. The inaugural meeting of the group, held in late May 2021, was attended by 11 Japanese companies, including leading IT suppliers Fujitsu, Hitachi, NEC, and Toshiba as well as industrial partners including Toyota Motor, Mitsubishi Chemical, and the Mizuho Financial Group. More than 50 companies are ultimately expected to join the group.