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Australia invests $20M in Sydney’s Diraq to boost quantum-driven drug discovery and tech leadership.
Australia has invested $20 million in Sydney-based quantum startup Diraq to accelerate advancements in drug discovery and engineering, adding to prior government funding for quantum firms in Brisbane and Melbourne.
The move reflects Australia’s two-decade commitment to quantum innovation, with projections estimating the technology could generate nearly $6 billion for the economy by 2045.
Officials stress continued investment is essential to maintain the country’s global position in the rapidly evolving quantum computing industry.
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Australia invierte $ 20M en Diraq de Sydney para impulsar el descubrimiento de fármacos impulsados por cuántica y el liderazgo tecnológico.