PsiQuantum becomes the only quantum computing company listed on Fast Company
Fast Company is one of the world's most influential business magazines alongside Fortune and Business Week. Recently, quantum computing company PsiQuantum and chip foundry GlobalFoundries were included in Fast Company's 2022 list of the world's ten most innovative partnerships.
The reason for the list is that PsiQuantum is using GF's advanced semiconductor fabrication facilities to build the world's first useful quantum computer.
This year's list recognizes the businesses that have had the greatest impact on the entire industry and culture. These companies are creating the future with the most inspiring achievements of the 21st century. In addition to selecting the 50 most innovative companies in the world, the 528 companies with the greatest impact were selected from 52 categories. PsiQuantum became the only quantum computing company on the list.
Quantum computing promises to provide solutions to otherwise impossible problems, enabling extraordinary advances in a wide range of applications in climate, healthcare, life sciences, energy, and more. Whether improving carbon capture catalysts, optimizing energy networks, or simulating the chemistry of life-saving drugs or new battery materials, quantum computers hold the key to solving many of the world's toughest challenges that will forever exceed the capabilities of any conventional computer.
Achieving these world-changing applications requires large-scale fault-tolerant quantum computers built in scalable and mature manufacturing environments. Silicon photonics and semiconductor chip fabrication provide the scalability and manufacturability needed to deliver commercially useful quantum computers at any reasonable time or financial scale.
Based on breakthroughs in silicon photonics and quantum architecture, PsiQuantum is building the world's first commercial fault-tolerant quantum computer. Its team of world-renowned quantum computing experts has developed unique technology in which a single photon is manipulated using complex photonic circuits, implemented on silicon wafers using standard semiconductor fabrication techniques.
GF's PsiQuantum chip
For the first time, PsiQuantum and GF have demonstrated to the world the ability to manufacture core quantum components, such as single-photon sources and single-photon detectors, with higher precision and at larger scale, representing one step in PsiQuantum's roadmap for delivering large-scale quantum computers important milestones.
Fariba Danesh, COO of PsiQuantum, said: "Commercially useful quantum computers must be large, fault-tolerant, manufacturable and scalable. We have identified a clear path to building large-scale quantum computers, leveraging our expertise in silicon photonics and Unique technology in quantum system architecture, and the scalable and proven manufacturing process of our semiconductor partner GF."
Amir Faintuch, Senior Vice President and General Manager of Computing and Wired Infrastructure at GF, said: "We are proud that our partnership with PsiQuantum has been recognized as one of the most innovative in the world in 2022. Our partnership is PsiQuantum Optical Quantum Computing The powerful combination of expertise and GF's silicon photonics manufacturing capabilities will transform industries and technology applications in climate, energy, healthcare, materials science and government."
About Fast Company
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Link:
[1]https://www.businesswire.com/news/home/20220315005492/en/PsiQuantum%E2%80%99s-Partnership-with-GlobalFoundries-Named-to-Fast-Company%E2%80%99s-World %E2%80%99s-Most-Innovative-Companies-List
[2]https://www.fastcompany.com/90724420/most-innovative-companies-joint-ventures-2022
