Date:08/04/20

Microsoft invests in PsiQuantum, a startup which is building the world’s first useful quantum computer

Microsoft has been working on quantum computers for several years now. Last year, Microsoft announced Azure Quantum, a full-stack, open cloud ecosystem that will bring the benefits of quantum computing organizations. Microsoft launched Quantum Network, a global community of individuals and organizations working together to advance quantum computing. The Microsoft Quantum Network members will work with Microsoft to learn about, research, and launch quantum computing applications and hardware supported with access to the Quantum Development Kit, vital research and experts, exclusive access to Azure services, and workshops on quantum programming and algorithm development.
 
Yesterday, Telegraph reported that Microsoft’s venture capital arm M12 invested in PsiQuantum, a startup with the goal to build the world’s first useful quantum computer out of conventional silicon chips that process information using individual photons as well as electronics. This means that every single component of the quantum computer is made by the same factories and assembled on the same production lines as your laptop or smartphone. PsiQuantum have assembled a team of more than 100 engineers with expertise across all aspects of silicon manufacturing and error corrected quantum computing.
 
“It’s worth noting that PsiQuantum’s approach is different from Microsoft’s efforts in topological qubits (Microsoft’s approach would enable error correction in hardware via topological protection from local noise). PsiQuantum and Microsoft have different sets of engineering challenges to address with their distinct approaches, but the companies share the vision for a scalable, fault tolerant quantum computer,” said Samir Kumar from M12.

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