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

But CEO Pat Gelsinger says company is “right on track”

New fabs will create 70,000 jobs across the three sites

The company’s former chief business officer has been given the top job

New fab expected to be completed by November 2025

Company says it has 35,000 Nvidia H100 GPU equivalents in operation

Deployment consists of 32 Oxide compute sleds

Ten research facilities and universities have acquired the sanctioned chips through domestic resellers

A number of former Arm China employees have reportedly followed Allen Wu to new venture

Aims to establish country as leader in semiconductor design

Internal task force has already been established to spearhead research

Partnership will see SK Hynix adopt TSMC’s foundry processes for next-generation HMB production

"We would probably build out bigger clusters than we currently can if we could get the energy to do it"

Second mainframe issue in West Virginia in recent years

Says tool will allow it to deliver new levels of precision and scalability

Neuron capacity makes system equivalent to that of owl brain

Funding will be split between five companies

Company will switch CEO every six months

Chinese server manufacturer accused of violating five HPE patents

Net bookings for the company were also down

New solution addresses limitations of legacy clock generators