Big-name investors pour US$1bn into PsiQuantum

PsiQuantum, the Silicon Valley quantum computing startup backed by the Australian government, has pocketed US$1 billion (A$1.5 billion) from big name investors in a long-awaited Series E capital raise. The late-stage funding round puts the company’s valuation at US$7 billion — more than twice what the company was worth just four years ago — and…

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