A secretive quantum computing company set up in California by four UK university physicists is set to reveal the technology it has developed over the past five years with $215m venture capital funding.
PsiQuantum will build an ultra-powerful commercial computer based on photonics by the middle of this decade, its founders said, as they prepare to emerge from “stealth mode”.
Underlying the company’s confidence is a manufacturing partnership with GlobalFoundries, one of the world’s leading semiconductor makers, which is making chips for PsiQuantum at its plants in the US and Germany.
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