People familiar with the matter revealed that Nvidia is in in-depth negotiations to invest in quantum computing startup PSIQuantum. Palo Alto-headquartered PSIQuantum raised at least $750 million in a funding round led by BlackRock, with a pre-investment valuation of $6 billion. Unlike many quantum startups that rely on unconventional materials, the company uses photons as qubits and utilizes standard semiconductor manufacturing methods. The move will mark Nvidia's first direct investment in a company building physical quantum computers, and represents a shift in its strategic focus from a company previously centered on artificial intelligence.

People familiar with the matter revealed that Nvidia is in in-depth negotiations to invest in quantum computing startup PSIQuantum. Palo Alto-headquartered PSIQuantum raised at least $750 million in a funding round led by BlackRock, with a pre-investment valuation of $6 billion. Unlike many quantum startups that rely on unconventional materials, the company uses photons as qubits and utilizes standard semiconductor manufacturing methods. The move will mark Nvidia's first direct investment in a company building physical quantum computers, and represents a shift in its strategic focus from a company previously centered on artificial intelligence.