Key Metrics
11.01
Heat Index-
Impact LevelMedium
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Scope LevelNational
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Last Update2025-09-10
Key Impacts
Positive Impacts (8)
Event Overview
This significant investment underscores the growing interest and financial commitment to quantum computing. The funding will facilitate the expansion of large-scale facilities and technological advancements, reflecting the strategic importance of this emerging field.
Collect Records
PsiQuantum Raises $1 Billion in Funding, Valued at $7 Billion
PsiQuantum, a quantum computing startup based in Palo Alto, California, has raised $1 billion in its latest funding round, valuing the company at $7 billion. The investors include NVIDIA, Qatar Investment Authority, and Macquarie Capital. The funds will be used to build large-scale quantum computing facilities in Brisbane, Australia, and Chicago, USA, and to enhance chip performance.