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PsiQuantum develops photonic quantum computing hardware designed to deliver fault-tolerant, utility-scale quantum systems for scientific and industrial applications. Founded in 2016 and headquartered in Palo Alto, the company distinguishes itself by leveraging photonic technology rather than traditional approaches used by competitors, positioning it to potentially achieve practical quantum advantage at scale. The quantum computing specialist has achieved significant investor confidence, reaching a valuation of $7 billion through its funding rounds. PsiQuantum focuses on building quantum computers capable of solving real-world problems across industries including pharmaceuticals, materials science, and financial modeling, targeting commercial viability in the emerging quantum computing market.
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