The $1 Billion Quantum Bet – PsiQuantum’s Race to Build a Million-Qubit Machine

The $1 Billion Quantum Bet – PsiQuantum’s Race to Build a Million-Qubit Machine
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Forget small steps; PsiQuantum is skipping straight to the quantum moon with a one-million-qubit photonic computer by 2027.

While others are stuck in the noisy intermediate-scale quantum (NISQ) era, PsiQuantum is scaling up fast with photonic qubits, skipping intermediate steps and using light to bring the future forward.

Backed by AU$1 billion, it aims to build a million-qubit quantum computer using semiconductor fabrication processes from smartphone chips. Partnering with GlobalFoundries, the company has overcome challenges like blocking unwanted light by 12 orders of magnitude and integrating 1,000 kilometers of optical fiber.

Pharmaceutical giants like Boehringer Ingelheim are already developing quantum algorithms to accelerate drug research, while Mercedes-Benz hopes to revolutionize battery design for electric vehicles. With no insurmountable technological gaps remaining, PsiQuantum aims to hit the switch in 2027.

If they succeed, the quantum computing era could officially begin in 2027. But will this leap ahead of its time prove visionary, or risky?

Read the full article on New Scientist.

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Dr Mark van Rijmenam

Dr Mark van Rijmenam

Dr. Mark van Rijmenam, widely known as The Digital Speaker, isn’t just a #1-ranked global futurist; he’s an Architect of Tomorrow who fuses visionary ideas with real-world ROI. As a global keynote speaker, Global Speaking Fellow, recognized Global Guru Futurist, and 5-time author, he ignites Fortune 500 leaders and governments worldwide to harness emerging tech for tangible growth.

Recognized by Salesforce as one of 16 must-know AI influencers , Dr. Mark brings a balanced, optimistic-dystopian edge to his insights—pushing boundaries without losing sight of ethical innovation. From pioneering the use of a digital twin to spearheading his next-gen media platform Futurwise, he doesn’t just talk about AI and the future—he lives it, inspiring audiences to take bold action. You can reach his digital twin via WhatsApp at: +1 (830) 463-6967.

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