StartupsThe Next Webabout 2 hours ago
Pentagon offers PsiQuantum $150m loan
2 min read
The US Department of Defense's Office of Strategic Capital offers PsiQuantum a conditional loan of up to $150 million on Thursday. This follows a $1.5 billion offer to Wolfspeed the previous day. The funds support PsiFactory in Milpitas, California, for developing fault-tolerant quantum computer prototypes.
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