Data stored on solution can be retrieved in seconds to minutes

Machine is three times faster than existing system housed at DIPC

Top ten of 63rd biannual Top500 list remains relatively unchanged

Parent company SoftBank currently in negotiations to secure production capacity

Ranks second for energy efficiency on Green500 list

Announcements made ahead of ISC HPC conference in Germany

Funding round was led by SkyLake Equity Partners

Secretary of Commerce Gina Raimondo was asked about consequences at a committee hearing

Forces Samsung and SK Hynix to wait until next year for equipment

Bristol-based IPU maker reported $204m in losses during 2022

Move comes after US politicians were angered by Intel chips found in Huawei laptop

Unclear if efforts will ever see the light of day

Products were unveiled at company’s annual Innovative Data Infrastructure forum

Peter Zhou, president of the data storage product line, teased upcoming offering at Berlin conference

Product portfolio contains five servers to meet a variety of use cases

AI boom has fueled memory chip demand

Sold share to consortium for $676 million

Company unveiled silicon photonics roadmap at conference last month

Company posted quarterly revenue of $5.47bn

First quarter revenue totaled $52.3bn

PsiQuantum system will be housed near Brisbane airport

Updated rules set to come into force in July

Company already employees 400 workers in original AI-focused R&D center

Investment will be made into IBM’s sole Canadian facility, Bromont plant