Insiders: Nvidia is in deep negotiations to invest in the quantum computing company PsiQuantum.

Insiders revealed that Nvidia is in deep negotiations to invest in the quantum computing startup PsiQuantum. Based in Palo Alto, PsiQuantum raised at least $750 million in a financing round led by BlackRock, with a pre-investment valuation of $6 billion. Unlike many quantum startups that rely on exotic materials, the company uses photons as quantum bits and employs standard semiconductor manufacturing methods. This would mark Nvidia's first direct investment in a company building physical quantum computers, representing a shift in its strategic focus from previously AI-centric enterprises.