{"id":104920,"date":"2020-04-07T11:04:09","date_gmt":"2020-04-07T18:04:09","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/04\/investors-pour-215-million-into-quantum-computer-promising-1-million-qubits-enough-processing-power-to-reshape-nearly-every-industry"},"modified":"2020-04-07T11:04:09","modified_gmt":"2020-04-07T18:04:09","slug":"investors-pour-215-million-into-quantum-computer-promising-1-million-qubits-enough-processing-power-to-reshape-nearly-every-industry","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/04\/investors-pour-215-million-into-quantum-computer-promising-1-million-qubits-enough-processing-power-to-reshape-nearly-every-industry","title":{"rendered":"Investors Pour $215 Million Into Quantum Computer Promising 1 Million Qubits \u2013 Enough Processing Power to Reshape Nearly Every Industry"},"content":{"rendered":"<p><\/p>\n<p><iframe style=\"display: block; margin: 0 auto; width: 100%; aspect-ratio: 4\/3; object-fit: contain;\" src=\"https:\/\/www.youtube.com\/embed\/HEe53OE3HbU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope;\n   picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>A new quantum computer under development is slated to have 1 million qubits \u2013 significantly more powerful than Google\u2019s most recent milestone. PsiQuantum Corp., a Silicon Valley company, is developing a photon-based commercial quantum computer that runs on light. The company has raised $215 million from investors with participation from BlackRock Advisors, Founders Fund, Atomico and Redpoint Ventures. The company\u2019s ote.<\/p>\n<p>While a working prototype is estimated to be years away, the advanced technology is aiming to blow away the competition with a far superior machine.<\/p>\n<p>Founder and chief executive officer Jeremy O\u2019Brien tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-04-06\/quantum-computing-startup-raises-215-million-for-faster-device?sref=WmQJbR0T\" target=\"_blank\" rel=\"noopener noreferrer\">Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new quantum computer under development is slated to have 1 million qubits \u2013 significantly more powerful than Google\u2019s most recent milestone. PsiQuantum Corp., a Silicon Valley company, is developing a photon-based commercial quantum computer that runs on light. The company has raised $215 million from investors with participation from BlackRock Advisors, Founders Fund, Atomico [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1523,1617],"tags":[],"class_list":["post-104920","post","type-post","status-publish","format-standard","hentry","category-computing","category-quantum-physics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/104920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=104920"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/104920\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=104920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=104920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=104920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}