"QpiAI claims to integrate AI and quantum computing for enterprise use cases, aiming to develop utility-scale quantum computers for global markets."
"The Indian government's National Quantum Mission co-led QpiAI's $32 million Series A funding round, indicating a significant investment in quantum computing as a national focus."
"The National Quantum Mission aims to create intermediate-scale quantum computers with 50-1,000 quantum bits within 8 years, enhancing India's position in this technology."
"QpiAI has developed India's first full-stack quantum computer, QpiAI-Indus, featuring 25 superconducting qubits, showcasing their technological advancements in quantum computing."
QpiAI, an Indian startup, raised $32 million in a funding round co-led by the Indian government to expand its presence and develop quantum computing solutions. The National Quantum Mission, aimed at enhancing India's status in quantum technology, co-led the investment, reflecting a broader push to view quantum technology as an economic and security priority. QpiAI, established in 2019, has created India's first full-stack quantum computer, QpiAI-Indus, with 25 superconducting qubits, and aims to apply quantum computing across various industries including manufacturing, finance, and healthcare.
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