PsiQuantum raises $1 billion, hits $7 billion valuation in quantum race

PsiQuantum raises $1 billion, hits $7 billion valuation in quantum race
The company states that it will use part of the new capital to accelerate the development of its quantum chipsets, scale test systems, and advance materials manufacturing. A quantum computer in Brisbane, Australia, is scheduled for completion by late 2027, while a separate system in Chicago may follow in 2028….
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