Skip to content

No, this is the other lot

A cutting-edge start-up founded by a quartet of British university scientists has been valued at $3.2bn (£2.3bn) in one of the largest bets yet on a breakthrough that it is claimed will revolutionise computing.

PsiQuantum, launched by professors at the University of Bristol and Imperial College London, has raised $450m from backers including BlackRock, Microsoft and Scotland’s Baillie Gifford.

Our reader here, who is also a British professor of quantum computing, is in the other lot. Who have not just been invested in at such a valuation.

3 thoughts on “No, this is the other lot”

  1. Ah..photonics..

    To be fair, judging from their site they’re light on the Soon™ and their point about what it takes to actually build a functioning processor is solid.
    And even if the “quantum” bit doesn’t pan out, the basic tech is also a serious option for “discrete” computing.

    To quote the Mythbusters: “Plausible”.

Leave a Reply

Your email address will not be published. Required fields are marked *

Can you help support The Blog? If you can spare a few pounds you can donate to our fundraising campaign below. All donations are greatly appreciated and go towards our server, security and software costs. 25,000 people per day read our sites and every penny goes towards our fight against for independent journalism. We don't take a wage and do what we do because we enjoy it and hope our readers enjoy it too.