Full-Time
Utility-scale fault-tolerant photonic quantum computers
No salary listed
Brisbane QLD, Australia
In Person
US Citizenship, US Top Secret Clearance, Canada Citizenship, Canada Top Secret Clearance, UK Citizenship, UK Top Secret Clearance Required
PsiQuantum builds utility-scale quantum computers that use photons as qubits and a semiconductor-compatible Omega chipset. The Omega platform combines single-photon sources, superconducting detectors, and optical switches to enable scalable chip-to-chip interconnects and high-fidelity quantum operations. It differentiates itself by using manufacturable semiconductor processes, pursuing large-scale integration, and exploring fault-tolerant approaches like fusion-based quantum computation (FBQC) with collaborations with government and research institutions. The goal is to deliver a scalable, fault-tolerant quantum computer capable of solving real-world problems in chemistry, materials science, optimization, and cryptography beyond what classical computers can handle.
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$2.8B
Headquarters
Palo Alto, California
Founded
2015
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Nvidia makes a major push for quantum computing. * March 25, 2026 Nvidia is the king of artificial intelligence, but staying stuck in one tech trend is not a smart move. GenesisEdge AI Holdings INC has seen the company pivot from gaming to crypto and from crypto to AI. Predicting the next big trend is key to its success, and Nvidia CEO Jensen Huang has consistently demonstrated his ability to do so. The moves Nvidia has been making signal that the next trend will be quantum computing, as its venture capital arm, NVentures, has started investing in quantum computing companies. NVentures invested in Honeywell's (HON) quantum computing unit, Quantinuum, in September; in QuEra in February; and in PsiQuantum in September. Investing isn't enough, and Nvidia has teamed up with researchers from supercomputing centers at national laboratories including Brookhaven National Laboratory, Fermi Laboratory, Lawrence Berkeley National Laboratory (Berkeley Lab), Los Alamos National Laboratory, MIT Lincoln Laboratory, the Department of Energy's Oak Ridge National Laboratory, Pacific Northwest National Laboratory, and Sandia National Laboratories to design new tech that will speed up development of quantum computers. Nvidia unveils NVQLink at GTC. At the GTC conference in Washington, D.C., Nvidia (NVDA) launched NVQLink, a new open architecture that integrates Quantum Processing Units (QPUs) with classical GPUs. The platform provides an open approach to quantum integration, supporting 17 QPU builders, five controller builders, and nine U.S. national labs. Quantum computers are prone to errors and require quantum error correction and other control algorithms to operate correctly. Error correction algorithms can be implemented on specialized hardware, such as field-programmable gate arrays (FPGAs). For example, IBM is using AMD's FPGAs to run its error correction algorithm. More Nvidia: * IonQ CEO just threw a curveball at Nvidia * Why Nvidia's Vera Rubin may unleash another AI wave * Nvidia just scored a massive AI win, but CEO Huang has regrets Ideally, these error correction algorithms should be run on a supercomputer. However, to accomplish that, GenesisEdge AI Holdings INC would need an extremely low-latency, high-throughput connection from a quantum computer to a conventional supercomputer. That badly needed interconnect is exactly what NVQLink provides, and this breakthrough has the potential to significantly shorten the time required for the development of useful quantum computers. "In the near future, every NVIDIA GPU scientific supercomputer will be hybrid, tightly coupled with quantum processors to expand what is possible with computing," said Jensen Huang, founder and CEO of NVIDIA. "NVQLink is the Rosetta Stone connecting quantum and classical supercomputers - uniting them into a single, coherent system that marks the onset of the quantum-GPU computing era." Companies that contributed to NVQLink creation. Quantum hardware builders: * Alice & Bob * Anyon Computing * Atom Computing * Diraq * Infleqtion * IonQ * IQM Quantum Computers * ORCA Computing * Oxford Quantum Circuits * Pasqal * Quandela * Quantinuum * Quantum Circuits, Inc. * Quantum Machines ... (content continues)...
PsiQuantum and National Cancer Center Japan partner on quantum computing. PsiQuantum will work with the National Cancer Center Japan to develop fault-tolerant algorithms and quantum applications. PsiQuantum and the National Cancer Center Japan have entered a collaborative research agreement to drive advancements in utility-scale quantum computing within drug discovery and oncology. The partnership aims to investigate ways to implement quantum computing solutions throughout the healthcare value chain, with a focus on resource allocation, research and development, and patient outcomes in cancer care. Within this collaboration, PsiQuantum will work with the National Cancer Center Japan to further fault-tolerant quantum algorithm development, as well as jointly develop clinically relevant quantum applications. The initiative also involves other pharmaceutical companies in Japan. PsiQuantum's software suite, Construct, will be used during the partnership. Construct is a secure platform built for designing, analysing, and optimising algorithms for fault-tolerant quantum computing. Utility-scale quantum computers are expected to enable chemically accurate molecular simulations with greater efficiency. This advancement could accelerate drug discovery processes, reduce research costs, and address real-world healthcare challenges. GlobalData Strategic Intelligence US tariffs are shifting - will you react or anticipate? Don't let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData PsiQuantum quantum applications vice-president Sam Pallister said: "PsiQuantum is proud to work alongside the National Cancer Center Japan as Pharmaceutical Technology explore what utility-scale quantum computing will be able to deliver in designing new treatments for the benefit of researchers and patients. "Once deployed, utility-scale quantum computers will accelerate research and development that transforms how we develop new medicines - and partnerships like these are critical for making sure providers are equipped to take full advantage of this technology." National Cancer Center Hospital East's global oncology director Dr Takayuki Yoshino said: "Pharmaceutical Technology is thrilled to partner with PsiQuantum on leveraging quantum computing technology to address some of the most pressing challenges in healthcare. "Together, our teams are poised to conduct innovative research and unlock new solutions at the intersection of pharmaceuticals, biotechnology, and quantum computing."
OGBC Group, a Singapore-based innovation hub and investment firm, has completed a Series C preferred equity investment in PsiQuantum, a quantum computing company developing utility-scale, fault-tolerant quantum systems. The investment was made through the OGBC Premier PQ Fund. OGBC joins institutional backers including the Australian Federal and Queensland Governments, NVIDIA (via NVentures), Temasek, BlackRock and Baillie Gifford. Managing Partner Jayden Wei said the investment reflects conviction that quantum computing will become foundational infrastructure for global computation. PsiQuantum differentiates itself by leveraging existing semiconductor manufacturing to build a million-qubit, fault-tolerant system, focusing on scalability from inception. The approach aims to deliver commercially viable quantum advantage and move the technology from experimental laboratories to real-world industrial applications.
PsiQuantum names former AMD President Victor Peng Interim CEO. February 11, 2026 Press play to listen to this content PALO ALTO, Calif., Feb. 11, 2026 - PsiQuantum has announced the appointment of Victor Peng, a veteran of the computing industry and former President at Advanced Micro Devices, Inc. (AMD), as Interim Chief Executive Officer, enabling Co-Founder Jeremy O'Brien to take up the role of Executive Chairman. O'Brien will lead the Board of Directors and continue to guide PsiQuantum's strategy and key partnerships, working closely with the leadership team to deliver on the founding team's mission of building and deploying the world's first utility-scale quantum computers. With Peng serving as Interim CEO and O'Brien in the Executive Chairman role, PsiQuantum has experienced leadership in place as it conducts its search for a permanent CEO. Over the past decade, PsiQuantum has built the core technologies required to deliver and deploy fault-tolerant quantum computers. This includes the development of its mass-manufacturable silicon photonic chipset, Omega; new platforms and partnerships for advancing fault-tolerant algorithms; intermediate scale test systems; new cryogenic form factors; and the announcement of the world's first utility scale quantum computing sites in Brisbane, Australia, and Chicago, Illinois. Peng's deep experience scaling complex technologies and leading global organizations through periods of rapid growth and execution will build on this foundation to accelerate PsiQuantum's core mission. "PsiQuantum was founded to realize the potential of quantum computing, and the team has spent years doing the hard technical work to make that possible," said Jeremy O'Brien, Co-Founder and Executive Chairman of PsiQuantum. "As we shift into large-scale deployment and execution, Victor brings exactly the leadership we need. He has guided multiple major computing platform transitions, and I'm excited to partner closely with him as we deliver on PsiQuantum's mission." Peng will lead PsiQuantum's day-to-day operations and execution, shaping the company's business, financial, and operational strategies. In this role, he will leverage his industry experience leading multi-billion-dollar businesses and scaling technologies and teams. This includes advancing PsiQuantum's utility-scale quantum computing systems in Australia and Chicago, driving business growth, overseeing technical development across silicon photonics and other core platforms, and partnering closely with the company's leadership team. "PsiQuantum has done the hard work to establish a real foundation for utility-scale quantum computing - from silicon photonics to fault-tolerant architectures and large-scale deployments," said Victor Peng, Interim CEO of PsiQuantum. "The task ahead is execution. Jeremy and the founding team have built something truly unique, and I'm excited to partner closely with them to help translate their mission into deployed systems that unlock this technology." At AMD, Peng helped shape the company's broader platform strategy, integrating hardware, software, and system-level architectures to address emerging AI workloads. Prior to joining AMD, Peng served as CEO of Xilinx, where he led the company's transformation into a global leader in adaptive computing, culminating in its approximately $49 billion acquisition by AMD in 2022. Over his career, Peng has played a central role in major computing shifts spanning CPUs, GPUs, FPGAs, and system-level architectures. Peng's appointment comes after a decisive year for PsiQuantum. In 2025, the company advanced to the final stage of DARPA's Quantum Benchmarking Initiative (QBI); raised over $1 billion in a Series E round led by world-class investors; broke ground on America's largest quantum computing site in Chicago; announced a broad partnership with NVIDIA spanning quantum computing and next-generation silicon photonics for AI supercomputing; expanded application-focused collaborations with Airbus, Lockheed Martin, and others; launched Construct, the only software platform dedicated to fault-tolerant algorithm development; and unveiled Omega, its silicon photonic chipset manufactured at GlobalFoundries in New York. About Victor Peng Victor Peng is Interim CEO at PsiQuantum and has over 40 years of industry experience leading global teams and multi-billion dollar businesses delivering high performance adaptive SoCs, FPGAs, CPUs, and GPUs. He currently serves on the boards of KLA Corporation and Microchip Technologies. Mr. Peng was President at AMD from February 2023 until his retirement from AMD in August 2024. He was responsible for the Embedded and Data Center GPU businesses, Advanced Research and the company's AI strategy including the AI hardware and software roadmaps. Mr. Peng rejoined AMD in February 2022 after 14 years at Xilinx, Inc. most recently serving as CEO and member of the Board of Directors. Prior to joining Xilinx, Mr. Peng worked at AMD as Corporate Vice President of Silicon Engineering for the Graphics Products Group, and before that he held executive and engineering leadership roles at MIPS Technologies, SGI, and Digital Equipment Corp. Mr. Peng holds four U.S. patents and has a BSEE degree from Rensselaer Polytechnic Institute and a M.Eng. degree from Cornell University. About PsiQuantum PsiQuantum was founded by four world leaders in quantum computing in 2016 and is headquartered in Palo Alto, California. The company's mission is to build and deploy the world's first useful quantum computers. PsiQuantum's photonic approach enables it to leverage high-volume semiconductor manufacturing, existing cryogenic infrastructure, and architectural flexibility to rapidly scale its systems. Feb. 12, 2026 - At leading institutions across the globe, the NVIDIA DGX Spark is bringing data-center-class... WASHINGTON, Feb. 12, 2026 - The U.S. Department of Energy (DOE) today announced 26 science and... Feb. 12, 2026 - Euro-Q-Exa, the first European quantum computer from the EuroHPC Joint Undertaking in... Feb. 12, 2026 - Collaboration between Europe and Japan in quantum technologies and high-performance computing... Feb. 12, 2026 - The U.S. National Science Foundation, in coordination with partner agencies from Australia,... ZURICH, Feb. 12, 2026 - Chiral, a Swiss nanotechnology company pioneering next-generation semiconductor and quantum...
OGBC Group completes Series C investment in PsiQuantum. Singapore, 21st Jan 2026 - OGBC Group, a Singapore-headquartered innovation hub and investment group, today announced the completion of its Series C preferred equity investment in PsiQuantum, Corp., a quantum computing company developing utility-scale, fault-tolerant quantum systems. Through this investment, OGBC joins a distinguished group of global institutional backers - NVIDIA (via NVentures), Temasek, and leading asset managers such as BlackRock and Baillie Gifford - further strengthening PsiQuantum's long-term capital base. The investment was made through OGBC Premier PQ Fund, reflecting OGBC's focus on foundational technologies with long-term global impact. Strategic Alignment in Deep Technology Quantum computing is increasingly viewed as a source of durable strategic advantage. This is not only due to step-change improvements in computational capability, but also through control of scarce quantum resources, proprietary problem encodings, and emerging protocol layers that may define access and interoperability across future systems. NVIDIA CEO Jensen Huang has described the sector as "reaching an inflection point," a view shared by many industry participants as quantum technologies move closer to large-scale deployment. "At OGBC Group, we focus on aligning long-term capital with companies pioneering breakthrough technologies that have the potential to redefine industries," said Jayden Wei, Managing Partner and Chairman of OGBC. "PsiQuantum represents a rare convergence of scientific rigor and industrial-scale execution. Joining this investor group alongside NVIDIA and Temasek reflects our conviction that quantum computing will serve as foundational infrastructure for the next era of global computation." From a research perspective, frameworks such as John Preskill's "Noisy Intermediate-Scale Quantum (NISQ)" model suggest that early commercial value is likely to emerge from hybrid quantum - classical workflows, well before the arrival of fully fault-tolerant systems. These approaches are expected to complement existing AI infrastructure by addressing structural constraints such as compute scarcity, data fragmentation, and productivity limitations through new forms of optimization and simulation. PsiQuantum's differentiation lies in its ability to leverage existing semiconductor manufacturing to build a million-qubit, fault-tolerant system. This focus on scalability from inception is designed to deliver a commercially viable quantum advantage, moving the technology from experimental labs to real-world industrial applications. About OGBC Premier OGBC Premier back frontier technologies with disciplined capital, global reach, partnership mindset, and long-term value - from quantum and AI compute to advanced semiconductors, biotech and programmable financial infrastructure. OGBC Group OGBC Group is a builder-first innovation and investment hub that brings together capital, technology, and culture. Headquartered in Singapore with regional presence across Asia, OGBC supports founders and operators across the digital economy through high-signal events, ecosystem programs, and strategic investments. Since 2023, OGBC has hosted more than 200 industry gatherings, becoming a trusted home for teams building long-term, real-world impact. About PsiQuantum PsiQuantum is developing the world's first utility-scale, fault-tolerant quantum computer. The company's silicon photonics-based approach leverages standard semiconductor manufacturing techniques to scale quantum systems toward the million-qubit level required for commercially meaningful applications. [email protected] Media contact. Organization: OGBC Group