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Nvidia Advances Quantum Ambitions with Potential Stake in PsiQuantum

The chip giant is reportedly in advanced talks to invest in the semiconductor-focused quantum startup, marking a strategic shift in its computing roadmap.

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.