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PsiQuantum Secures $1B Funding to Revolutionize Quantum Computing

9/16/2025

Summary

Story summary

PsiQuantum secured $1 billion in Series E funding, raising its valuation to $7 billion, with major investment from Nvidia’s NVentures.
The funding will boost Barium Titanate production for large-scale quantum computing, targeting fault-tolerant systems.
Nvidia is increasing its startup investments, supporting 42 companies in 2025, with a focus on "hard tech."
PsiQuantum plans to establish two quantum computing centers in Brisbane and Chicago.
The company aims to create the first practical quantum computer using existing technologies.

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Story summary

PsiQuantum secured $1 billion in Series E funding, raising its valuation to $7 billion, with major investment from Nvidia’s NVentures.
The funding will boost Barium Titanate production for large-scale quantum computing, targeting fault-tolerant systems.
Nvidia is increasing its startup investments, supporting 42 companies in 2025, with a focus on "hard tech."
PsiQuantum plans to establish two quantum computing centers in Brisbane and Chicago.
The company aims to create the first practical quantum computer using existing technologies.