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Commonwealth Bank of Australia has committed $5 million in funding to help Australian-based researchers in their quest to build a silicon based quantum computer. As part of the agreement, Commonwealth Bank will provide $5 million over five years to the ARC Centre for Quantum Computation and Communication Technology, based at UNSW (The University of New South Wales). The funds will assist the centre to buy and maintain the necessary equipment, and conduct experiments for research and development.

Node(s): UNSW Sydney

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