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According to a report from CoinWorld, quantum computing startup PsiQuantumCorp. raised $1 billion in its latest financing round, with investors including Nvidia, the Qatar Investment Authority, and Macquarie Capital, bringing the company's valuation to $7 billion. Headquartered in Palo Alto, California, PsiQuantum stated that this funding will be used to initiate the construction of large-scale quantum computing bases in Brisbane, Australia, and Chicago, USA, as well as to enhance its chip performance and other projects.