Quantum computing startup PsiQuantum receives financing support from Nvidia, valued at $7 billion
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Jinse Finance reported that quantum computing startup PsiQuantum Corp. has raised $1 billion in its latest funding round, with investors including Nvidia, Qatar Investment Authority, and Macquarie Capital. This round values the company at $7 billion. PsiQuantum, headquartered in Palo Alto, California, stated that the funds will be used to launch large-scale quantum computing facilities in Brisbane, Australia, and Chicago, USA, as well as to enhance its chip performance and other projects.
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