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PsiQuantum, a quantum computing startup, raised $1 billion in its Series E funding round, bringing its total private capital to nearly $2 billion. The company is focused on building a million-qubit quantum computer by 2027, with a strategic approach of developing large-scale systems for commercially impactful applications in materials science, chemistry, and other domains.
PsiQuantum, a quantum computing startup, raised $1 billion in its Series E funding round, bringing its total funding close to $2 billion. The company is focused on building a million-qubit quantum computer by 2027, with the goal of enabling breakthrough innovations in materials science, chemistry, and other fields.
PsiQuantum raises a billion dollars in Series E funding, bringing their total private capital to nearly $2 billion as they aim to build the first commercially useful quantum computer by 2027. The company is taking a unique approach by focusing entirely on developing a million-qubit system, targeting breakthrough capabilities in materials science, chemistry, and other complex computational problems.