PsiQuantum has commenced construction of a major quantum computing facility in Moreton Bay, Queensland. This ambitious project aims to develop the world’s first utility-scale, fault-tolerant quantum computer. The facility will house tens of thousands of photonic quantum chips, supported by one of the largest cryogenic systems ever built for quantum computing, marking a significant milestone in the field. Victor Peng, CEO of PsiQuantum, emphasizes the groundbreaking nature of this endeavor as it moves forward.
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