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BlackRockQuantum computing startup PsiQuantum raised $1 billion to help break ground on facilities in Chicago and Brisbane, Australia, that will host its first photonics-based, fault-tolerant quantum computers, it announced Wednesday. The new funds, which value the company at $7 billion, will also go towards improving its GlobalFoundries-manufactured quantum photonic chips, which use light to generate, manipulate, and measure qubits, the units that fuel …See the Story
Quantum Startup PsiQuantum Raises $1B with Plans to Build ...
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