Nvidia in advanced talks to invest in PsiQuantum: Report

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Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum, The Information reported on Sunday.

Reuters could not immediately confirm the report.

Nvidia declined to comment on the report, while PsiQuantum did not immediately respond to a Reuters request for comment.

Reuters reported in March that PsiQuantum is raising at least $750 million from investors including BlackRock at a $6 billion pre-money valuation.

Quantum technology has the potential to perform types of calculations that would stump even the most powerful artificial…



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Nvidia in advanced talks to invest in PsiQuantum: Report


Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum, The Information reported on Sunday.

Reuters could not immediately confirm the report.

Nvidia declined to comment on the report, while PsiQuantum did not immediately respond to a Reuters request for comment.

Reuters reported in March that PsiQuantum is raising at least $750 million from investors including BlackRock at a $6 billion pre-money valuation.

Quantum technology has the potential to perform types of calculations that would stump even the most powerful artificial…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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