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AI & Enterprise

PsiQuantum presses ahead with photon-based large-scale quantum computer

Quantum computing company PsiQuantum is accelerating efforts to build a large-scale quantum computer using photons. It is pursuing an approach that makes chips in existing semiconductor production facilities and connects about 100 cooling cabinets to implement a practical-scale system. Founded in 2016 by four physicists from British universities, the company has raised $1 billion and begun work on a Chicago hub, while preparing a second hub in Australia.

Industry

SpaceX alumni startup Terrafirma raises $115 million for remote construction equipment

Terrafirma, a construction technology startup founded by former SpaceX engineers, has raised $115 million, CNBC reported. Investors include Kleiner Perkins, Bain Capital Ventures, SpaceX, Anduril and Hadrian. The Austin, Texas-based company is developing technology to remotely operate construction equipment using interfaces including an Xbox controller. It says the technology reduces costs and improves safety, and its long-term goal is building infrastructure on Mars.

Industry

HyperCloud unveils Qualcomm-based AR glasses XR exhibition at Seoul Museum of History

South Korean XR company HyperCloud is launching an AR glasses-based XR exhibition at the Seoul Museum of History, as part of Qualcomm Inc's Qualcomm For Good program. The exhibition uses PNC Solution’s MetaLens 2 AR glasses powered by Qualcomm’s Snapdragon XR2 Gen 1 platform. Under the theme “Time Travel in Seoul,” it spans periods from the Joseon Dynasty to modern times and runs from early July to late October 2026.