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Funding
4 months ago5 min read
PsiQuantum Raises Record $1 Billion for Million-Qubit Quantum Computers at $7B Valuation
PsiQuantum raised $1 billion in Series E funding led by BlackRock, Nvidia, and Temasek, valuing the quantum computing startup at $7 billion. The company plans to build utility-scale quantum computing facilities in Brisbane and Chicago, targeting million-qubit systems by 2028 to solve enterprise problems beyond AI capabilities.
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