Overview

• BlackRock, Temasek and Baillie Gifford led the Series E, with new participation from Nvidia’s NVentures, Macquarie Capital and Ribbit Capital.
• PsiQuantum will collaborate with Nvidia on software, quantum algorithms and GPU integration to enable hybrid quantum‑classical systems.
• The company says the funding enables progress on planned facilities in Brisbane, Australia and Chicago, Illinois, plus deployment of larger test systems to prove its architecture.
• PsiQuantum pursues a silicon‑photonics approach designed for semiconductor fabrication and fiber‑optic networking, with chips produced through a partnership with GlobalFoundries in New York.
• The firm continues to target million‑qubit, fault‑tolerant machines as investors pour record sums into quantum computing, with Nvidia’s move reflecting a broader shift by AI leaders into the field.