Overview

• Nvidia is negotiating a major investment in PsiQuantum, a quantum computing startup leveraging standard semiconductor manufacturing methods.
• PsiQuantum is securing at least $750 million in funding at a $6 billion pre-money valuation, with backing from investors like BlackRock.
• The startup is collaborating with the U.S. and Australian governments to develop quantum systems in Chicago and Brisbane.
• This potential investment signals a significant pivot for Nvidia, whose CEO Jensen Huang previously expressed skepticism about near-term quantum computing.
• In March, Nvidia launched a quantum research lab in Boston in partnership with Harvard and MIT, underscoring its growing commitment to quantum innovation.