Quantum Computing Report

8 Oct 2026

NVIDIA Commits $1 Billion over Five Years to Accelerate U.S. Scientific Computing and Quantum Infrastructure

NVIDIA is investing $1 billion over five years to advance U.S. scientific computing and quantum infrastructure. This commitment supports research institutions, cloud providers, and national laboratories, focusing on hybrid quantum-classical hardware integration, fault-tolerant quantum software, fusion energy, and microelectronics design. A key aspect is expanding access to high-performance computing and…

8 Oct 2026

PsiQuantum Secures Conditional $150 Million Loan Commitment from U.S. Office of Strategic Capital

PsiQuantum has secured a conditional loan commitment of up to $150 million from the U.S. Office of Strategic Capital to expand its PsiFactory in Milpitas, California. This funding will support the development of a domestic supply chain for quantum computing and follows other significant investments from DARPA and the U.S.…

8 Oct 2026

India’s MeitY Sanctions ₹99.94 Crore ($10.3 Million USD) for IIT Madras and izmo Microsystems Silicon Photonics Program

India's MeitY has sanctioned ₹99.94 crore (approx. $10.3 million USD) for Phase II of the SPECTRA program at IIT Madras, in partnership with izmo Microsystems. This five-year initiative focuses on developing silicon photonics for high-bandwidth data centers, AI compute clusters, and quantum communications, including chip-scale QRNG and integrated QKD photonic…