The rate at which quantum computing is hitting the media stream is ever-increasing. This piece is a collection of recent articles and reports covering various aspects of quantum computing from the lens of business and industry. Mea Cubitt
PsiQuantum Closes $450 Million Funding Round to Build the World’s First Commercially Viable Quantum Computer | PsiQuantum has raised $450 million in Series D funding to build the world’s first commercially viable quantum computer. The funding round was led by funds and accounts managed by BlackRock, along with participation from insiders including Baillie Gifford and M12 – Microsoft’s venture fund – and new investors including Blackbird Ventures and Temasek. PsiQuantum has now raised a total of $665 million in funding to date. Source: THE REGISTER HARALD.  PsiQuantum Closes $450 Million Funding Round to Build the World’s First Commercially Viable Quantum Computer…
WITH $3.1B VALUATION, WHAT’S AHEAD FOR PSIQUANTUM? | It is clear computing is in for a revolution if a company can have unicorn status with its main product still a few years away. In years past this mismatch in funding to goods would seem absurd but quantum computing is setting new trends, especially among VCs lately. Source: THENEXTPLATFORM.  WITH $3.1B VALUATION, WHAT’S AHEAD FOR PSIQUANTUM?
2021 Best Insights From Quantum Computing Top Leaders | Quantum Computing (QC) proof of concept (POC) projects are growing in Q4 2021 with commercialization pilots by 2025 and broader adoption before 2030. Accelerated digital transformation and digital reshaping from the pandemic is driving investments and early IPOs (ex. Q1 announcement by IonQ). In my daily engagements’ pro bono with global communities (across governments, industry, computing and research organizations, NGOs, UN agencies, innovation hubs, think tanks) of more than 60K CEOs, 30K investors , 10K innovation leaders, I’m finding nearly 50% are planning pilots for QC in five years. There’s an understanding that the exponential lead provided by a breakthrough in QC warrants the early investment and learnings now since practical adoption will take years. Source: Forbes.  2021 Best Insights From Quantum Computing Top Leaders…