Company on track to build a fault-tolerant quantum computer ready to tackle breakthrough applications in climate, energy, life sciences, and beyond.
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PsiQuantum Raises $450 Million to Build Its Quantum Computer
Palo Alto, Calif., startup says its approach of using photons as quantum bits will lead to reliable calculations without errors.
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PsiQuantum Series D marks important technology achievements
I’m thrilled to congratulate PsiQuantum—the company focused on delivering the world’s first fault tolerant quantum computer with one million physical qubits—on their successful Series D round.
PsiQuantum is aiming to be the first company to develop a fully-functioning quantum computer, and has raised $450m from backers.
PsiQuantum, GlobalFoundries Bet Big On Quantum Computing
Quantum computing is in many senses the holy grail of high-performance computing. The technology promises to dramatically accelerate simulations, machine learning, and perhaps most terrifyingly, render modern encryption schemes mute. And like the holy grail, making good on these promises remains elusive. While progress is being made in the field, many unsolved challenges remain.