PsiQuantum Raises $1 Billion to Build Fault-Tolerant Quantum Computers, Announces Collaboration with NVIDIA

PsiQuantum has announced that it has raised $1 billion in Series E funding, which values the company at $7 billion. The funding round was led by funds and accounts managed by affiliates of BlackRock, along with Temasek and Baillie Gifford. New investors include Macquarie Capital, Ribbit Capital, NVentures (NVIDIA’s venture capital arm), Adage Capital Management, […]

The post PsiQuantum Raises $1 Billion to Build Fault-Tolerant Quantum Computers, Announces Collaboration with NVIDIA appeared first on Quantum Computing Report.