PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia

Core Insights - Quantum computing startup PsiQuantum has raised $1 billion in its latest funding round, achieving a valuation of $7 billion [1] - The company announced a collaboration with Nvidia aimed at accelerating the development of quantum computing technology [1] Funding Details - PsiQuantum's recent funding round totaled $1 billion, contributing to a total valuation of $7 billion [1] - This significant capital injection indicates strong investor confidence in the potential of quantum computing [1] Collaboration with Nvidia - The partnership with Nvidia is focused on enhancing the speed of quantum computing development [1] - This collaboration may leverage Nvidia's expertise in high-performance computing to advance PsiQuantum's technology [1]