ICM HPQC Fund portfolio company Salience Labs has closed an oversubscribed US$125 million Series B funding round, led by Bullhound Capital, with strategic investment from AMD Ventures and Intel Capital. The funding will support the deployment of its silicon photonics-based optical switching technology, scale high-volume manufacturing and expand its US presence, advancing its ambition to address critical networking bottlenecks in AI data centres. Read the full announcement her

Diraq Founder and CEO Professor Andrew Dzurak has been elected a Fellow of the American Physical Society, one of the highest honours in the global physics community. The recognition celebrates his pioneering contributions to silicon-based quantum computing and the development of scalable, cost-effective quantum technologies. Read the full announcement here.

Diraq has advanced to the final stage of DARPA’s Quantum Benchmarking Initiative, marking an important milestone in the company’s development of silicon-based quantum computing technology and its progress towards demonstrating a path to utility-scale quantum computing. Read the full announcement here: Four more teams enter Quantum Benchmarking Initiative’s final stage | DARPA

Vivek Raghuraman and Rebecca Schaevitz HPQC portfolio company Mixx Technologies has showcased its high-density SxC optical connector, designed to address the growing connectivity demands of AI infrastructure. Capable of terminating up to 24,576 optical fibres in a single rack unit, the technology aims to support higher-density, more scalable optical connectivity for next-generation data centres. Read the full article here.

HPQC portfolio company Salience Labs showcased its 64-port silicon photonics-based all-optical circuit switch at ECOC 2026, demonstrating technology designed to support the growing networking demands of AI infrastructure. Its approach aims to enable faster, more efficient data movement between computing resources as AI systems scale. Read the full announcement here.

Scaling quantum computing requires more than increasing qubit counts - it requires architectures capable of supporting reliable, error-corrected computation. Recent work by Diraq and Iceberg Quantum, using NVIDIA’s CUDA-Q Logical platform, provides further validation of Diraq’s Pinnacle architecture and the potential of silicon-based spin qubits for scalable quantum computing. For High Performance Computing & Quantum, the work highlights the importance of the underlying techn

Recognition for Diraq’s founder and CEO Diraq founder and CEO Professor Andrew Dzurak has been awarded the 2026 Walter Boas Medal by the Australian Institute of Physics, recognising his pioneering contribution to silicon-based quantum computing and the development of scalable, manufacturable quantum technology. Read the full announcement here.

Diraq takes quantum computing into the data centre Diraq is taking an important step towards commercial quantum computing, with plans to deploy its silicon spin quantum computer inside an Equinix data centre in Sydney. The deployment will demonstrate how quantum systems can integrate with existing data-centre infrastructure - bringing the technology closer to real-world applications. Read the full announcement here.

Mixx Technologies has launched its SxC™ Connector, designed to address the growing fibre-density demands of high-radix AI infrastructure. The technology can terminate up to 24,576 fibres in a single rack unit, helping enable the next generation of co-packaged optics and multi-petabit connectivity. Read the full announcement here.

Diraq has unveiled its roadmap towards utility-scale quantum computing, targeting millions of spin qubits on a single silicon chip. The milestone highlights the potential of Diraq’s silicon-based approach to overcome the scale and integration challenges facing quantum computing — bringing practical, large-scale quantum systems closer to reality. Read more from Diraq here.

Diraq is expanding its global footprint with the opening of a new U.S. technology hub in Los Angeles, strengthening its presence at the heart of the world’s leading technology ecosystem. The new hub will support Diraq’s continued development of silicon-based quantum computing technology and its engagement with customers, partners and the wider U.S. market. Read more from Diraq here.

Diraq has opened its first U.S. quantum laboratory in Chicago, expanding its R&D capabilities and strengthening its position within the growing U.S. quantum ecosystem. The new facility will support testing and development of Diraq’s silicon-based quantum technology as the company progresses towards utility-scale quantum computing. Read more about Diraq’s latest milestone and its expanding global R&D network here.

Mixx Technologies has acquired Bengaluru-based semiconductor IP specialist Sophic Silicon Technologies and announced a multi-year manufacturing collaboration with Kaynes Semicon. The moves strengthen Mixx’s end-to-end capabilities in co-packaged optics, bringing together advanced semiconductor design, optical IC packaging and manufacturing in India. The developments mark an important step towards scalable, lower-power interconnect solutions for next-generation AI infrastructu

Diraq continues to demonstrate meaningful progress on the path to utility-scale quantum computing, announcing the successful operation of a scaled silicon-based qubit array manufactured using industry-standard semiconductor processes. The achievement reinforces the potential of leveraging existing CMOS manufacturing infrastructure to accelerate the commercialisation of scalable quantum technologies. Read the full announcement here.

Scott A. Mcgregor, Diraq Chairman, and Andrew Dzurak, Diraq CEO Another strong signal that the quantum industry is entering its commercialisation phase. Portfolio company Diraq has appointed former Broadcom CEO and semiconductor industry veteran Scott A. McGregor as Chairman of the Board. McGregor's experience scaling global semiconductor businesses aligns closely with Diraq's silicon-based approach to quantum computing and its ambition to deliver commercially relevant quantu

Quantum computing is taking another step towards enterprise deployment. Q-CTRL has partnered with Anyon Technologies to integrate autonomous calibration into modular hybrid quantum supercomputers, enabling self-managing, data centre-ready systems that maximise uptime, reduce operational complexity and accelerate the adoption of practical quantum computing for commercial applications. Read the full announcement here: Anyon Technologies and Q-CTRL Deliver Modular, Self-Calibrat

Recent headlines have focused on quantum computing's long-term potential, but the industry's most significant developments are increasingly centred on practical applications. In a newly released white paper, Q-CTRL outlines how quantum computing and quantum infrastructure software could deliver operational advantages for complex defence logistics, planning and optimisation challenges as early as 2027. The report highlights use cases ranging from convoy routing and strategic a

Diraq has signed a Letter of Intent with the U.S. Department of Commerce for up to US$38 million in proposed funding under the CHIPS and Science Act, marking a significant endorsement of its silicon-based quantum computing technology. The funding is intended to support the development and scaling of domestic manufacturing capabilities for quantum processors in the United States, reinforcing the growing strategic importance of quantum technologies. The announcement also highli

Australian quantum computing company Diraq has announced that founder and CEO Andrew Dzurak has been elected a Fellow of the Australian Academy of Science, one of the country’s highest scientific honours. The recognition reflects Professor Dzurak’s pioneering work in silicon-based quantum computing and his contribution to advancing scalable quantum technologies. The appointment highlights the growing global recognition of Australia’s leadership in quantum research and commerc

Q-CTRL has announced a major milestone in quantum computing, demonstrating a 3,000-fold speedup in materials simulation for the energy sector using its infrastructure software on the IBM Quantum Platform. The breakthrough provides evidence of “practical quantum advantage”, where a quantum computer outperforms classical methods on a commercially relevant problem. This achievement highlights the growing real-world potential of quantum computing to accelerate materials discovery