Quantum Computing
PsiQuantum
A photonic quantum computing company pursuing fault-tolerant, utility-scale quantum computers, which raised a $1 billion Series E round in September 2025 at a $7 billion valuation with backing from BlackRock, Temasek, Baillie Gifford, and NVIDIA's venture arm. PsiQuantum is building two 'data center-sized' Quantum Compute Centers, one near Brisbane, Australia (backed by AU$940 million/US$620 million in Australian federal and Queensland state funding) and one at the Illinois Quantum and Microelectronics Park in Chicago.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
4 sources · 60% avg. source confidence
- Fast Company — PsiQuantum raises $1B Series E at $7B valuation with NVIDIA venture backing62% source confidence
- Data Center Dynamics — PsiQuantum breaks ground on 'data center-sized' Quantum Compute Centers in Australia and Chicago58% source confidence
- PsiQuantum newsroom — PsiQuantum names former Xilinx/AMD executive Victor Peng as CEO58% source confidence
- The Quantum Insider — PsiQuantum signs $100M letter of intent with US Department of Commerce60% source confidence
Dependency Map
What PsiQuantum depends on below, and who depends on PsiQuantum above — click any node to make it the new center, 2 levels deep.
Connection type
Click any node to make it the new center. Scroll to zoom, drag to pan.
The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Market Intelligence
UnverifiedCredibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.
NVIDIA reportedly in advanced talks to take a stake in PsiQuantum
42% confidenceNVIDIA was reported to be in advanced talks to invest in PsiQuantum, the photonic quantum computing startup, shortly after PsiQuantum closed a $750 million round led by BlackRock at a roughly $6 billion pre-money valuation.
Reported based on people familiar with the discussions; neither NVIDIA nor PsiQuantum had confirmed a completed investment at the time of reporting.
PsiQuantum's Timeline
A sourced, dated history of PsiQuantum's key moments — founding to present.
Jan 2016 · Founded
PsiQuantum was founded to pursue fault-tolerant, utility-scale photonic quantum computing.
Sep 2025 · $1B Series E at $7B valuation
PsiQuantum raised a $1 billion Series E round at a $7 billion valuation, led by BlackRock, Temasek and Baillie Gifford, with participation from NVIDIA's venture arm and Microsoft.
Jul 2026 · Names Victor Peng as CEO
PsiQuantum announced a new executive team on July 17, 2026, naming Victor Peng (former Xilinx and AMD executive) as CEO, alongside Robert Soderbery as Executive Vice President and Sriram Sitaraman as CIO, ahead of its Brisbane and Chicago Quantum Compute Center buildouts.