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Nvidia Corporation (NASDAQ:NVDA) is reportedly in advanced talks to invest in quantum computing startup PsiQuantum, signaling a major strategic move into next-gen computing, according to The Information. The deal would mark Nvidia’s first investment in a company focused on building physical quantum computers.
PsiQuantum, a Palo Alto-based firm founded in 2016, is currently raising at least $750 million in a funding round led by BlackRock (NYSE:BLK), with a pre-money valuation of $6 billion. The startup is known for its photonic quantum computing approach, using light particles (photons) as qubits. This method leverages conventional semiconductor manufacturing, offering scalability that could accelerate the development of quantum systems capable of surpassing classical computers.
Backed by over $1 billion in prior funding, PsiQuantum has established strategic partnerships with GlobalFoundries (NASDAQ:GFS) and has received government support in the U.S. and Australia. It also plans to build a quantum data center in Chicago, aligning with broader global ambitions.
For Nvidia, which has heavily invested in AI firms such as CoreWeave and xAI, the move would represent a significant diversification into the quantum computing space. The potential investment follows Nvidia’s growing commitment to quantum technologies, including its inaugural “Quantum Day” event in March and the recent launch of a dedicated quantum research center in Boston.
Neither Nvidia nor PsiQuantum has officially commented on the report.
The possible deal underscores increasing industry interest in quantum computing as a transformative technology, with Nvidia positioning itself at the forefront of innovation beyond GPUs and AI chips.
