A quantum computing innovation developed by researchers at the University of Sydney is being used in Google’s latest quantum chip, called Willow. The processor, which was unveiled by the tech giant in December, utilises a breakthrough in error correction which can improve the performance of quantum devices. The technology was formally detailed in 2021 when… Read more »
Nearly 100 staff at real estate and infrastructure digital twin startup will be looking for next jobs in the new year after the company cut 22% full-time employees and contractors, less than 10 days after announcing it had raised US$28.8 million (A$42m). The Sydney- and US-based startup is backed and chaired by former Macquarie CEO Nicholas… Read more »
Sydney-based digital twin tech startup Willow has raised US$43 million (A$58 million) in a pre-Series B. Existing shareholders, including Willow Chairman Nicholas Moore, the former Macquarie Group CEO, and Willow director Jim Cooney, doubled down on their investment along with institutional investor Perennial Value Management. The four-year-old software venture also took on WatermanCLARK co-founder Ric Clark, the former… Read more »
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