NVIDIA is in talks to invest in quantum startup PsiQuantum

Nvidia in Talks to Invest in Quantum Startup PsiQuantum

People familiar with the matter said that Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum. Palo Alto-based PsiQuantum raised at least $750 million in a funding round led by BlackRock, with a pre-money valuation of $6 billion. Unlike many quantum startups that rely on unconventional materials, the company uses photons as qubits and leverages standard semiconductor manufacturing methods. This move would mark Nvidia's first direct investment in a company building a physical quantum computer, representing a shift in its strategic focus from its previous AI-centric enterprises.

—— Reuters, The Information

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