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.