Nvidia is reportedly in advanced discussions to invest in quantum computing startup PsiQuantum, according to a recent report by The Information. Both companies have declined to comment on the matter. (reuters.com)
This potential investment marks a significant shift in Nvidia’s quantum computing strategy. Earlier this year, CEO Jensen Huang announced the establishment of a quantum computing research lab in Boston, set to collaborate with Harvard and MIT scientists. This move came despite Huang’s previous statements suggesting that practical quantum computing applications were decades away. (reuters.com)
PsiQuantum is currently raising at least $750 million, led by BlackRock, at a $6 billion pre-money valuation. The company differentiates itself by utilizing traditional semiconductor manufacturing techniques, aiming to produce millions of quantum chips. PsiQuantum is also collaborating with the Australian and U.S. governments to construct two quantum computers, one in Brisbane and the other in Chicago. (reuters.com)
The growing interest in quantum computing is evident as major tech firms, including Google, Microsoft, and Amazon, have recently unveiled new quantum chips. Nvidia’s potential investment in PsiQuantum underscores its commitment to advancing quantum technologies, which hold the promise of solving complex problems beyond the capabilities of current AI-driven systems. (reuters.com)
