Playground Global is a venture firm that partners with entrepreneurs working at the intersection of atoms, bits, and AI to build the companies of tomorrow.
Industry legend @PGelsinger has joined Playground Global as General Partner to help deep tech founders build world-shaping companies. https://t.co/I9HTXSclFQ
I speak with @dMatrix_AI CEO @sidsheth about AI acceleration and inference, the challenges of AI energy consumption, and his entrepreneurial journey. https://t.co/zSBRUyy3IP
BREAKING: PsiQuantum Raises $1 Billion Series E at $7 Billion Valuation
- Reaching $2 Billion in Total Funding
- Adding Nvidia's Strategic Participation
- The Race to 1 Million Qubits
Pete Shadbolt (@PeteShadbolt), Chief Scientific Officer & Co-Founder of PsiQuantum, joins Sourcery to announce the company’s landmark $1 Billion Series E
This makes @PsiQuantum the most well-funded quantum computing company in the world.
The round was led by BlackRock, Temasek, & Baillie Gifford, with new participation from Macquarie Capital, Ribbit Capital, NVentures (NVIDIA’s venture capital arm), Adage Capital Management, Qatar Investment Authority (QIA), Type One Ventures, Counterpoint Global (Morgan Stanley), 1789 Capital, & S Ventures (SentinelOne).
Including participation from existing investors: Blackbird, Third Point Ventures, & T. Rowe Price.
PsiQuantum is doubling down on its radical bet:
one-shot 1 million qubits to unlock “useful” quantum computing.
Highlights
(00:00) $2B in Total Funding “N of 1 Million Qubits"
(02:29) Building PsiQuantum: From UK to Silicon Valley
(05:35) PsiQuantum's Differentiation
(07:03) Rejecting Incrementalism for Large-Scale Vision
(10:59) Timeline Debates & NVIDIA Partnership
(15:36) Global Manufacturing & Facilities
(20:21) Path to Becoming a Trillion Dollar Company
(23:32) Revenue Model & Commercialization Strategy
(27:53) Working with Global Foundries
(31:27) Quantum Computing's Role in Semiconductor Industry
(38:28) Public Trust & Government Validation
(45:49) The Reality of Quantum Computing Valuations
(53:12) Zero to One Technology Approach
(1:00:19) Global Facilities & Infrastructure
(1:09:03) Reindustrialization & Strategic Importance
(1:34:02) Personal Journey & Vision
(1:44:23) Timeline for Useful Quantum Computing
(1:53:54) Looking Ahead: Next Steps & Future Vision
Today at Hot Chips 2025, our CTO, Sudeep Bhoja, presented Corsair – An In-memory Computing Chiplet Architecture at Stanford.
Visit our booth to meet the team and see how we are tackling the memory wall with 3D in-memory compute.
#AI#Inference#HotChips#Compute#dMatrix
🎉 Congratulations to Rahul Meka @iamrahulmeka on his promotion to Principal at @Playground_VC!
⚡ Rahul joined Playground in 2023 and focuses on deep tech investing across #energy transition, #industrial transformation, #automation, and #AI.
Proud to share that @jasonlukemd will be joining Strand as Chief Medical Officer! Previously a professor @UPMC, he brings decades of expertise in cancer immunotherapies to the team.
@Nasdaq helped us in celebrating our Series B with a billboard in the heart of Time Square! Thank you to our friends at Nasdaq for your support on our mission to create cures for patients!
“How do we make AI acceleration radically more efficient?”
d-Matrix’s Sree Ganesan shares what it’s like building AI accelerators from inside a startup. A smart, inspiring listen.
🎧 https://t.co/YbaCDlx96Y
#AI#Inference#WomenInTech
We just raised $153M Series B to advance the future of programmable mRNA medicines📷
Thank you to our investors fueling the next generation of cell-targeted genetic medicines.
#biotech#mRNA#SeriesB#synbio#StrandTherapeutics
https://t.co/FTts6zYt0F
The Six Five Pod | EP 255: From Intel to Innovation: Pat Gelsinger's New Ventures -- We're covering it ALL! 🚀
@PatrickMoorhead & @DanielNewmanUV dive into Intel news, OpenAI's valuation, and chat with @PGelsinger about his new ventures post-Intel & the future of US chip manufacturing on this week’s episode of The Six Five Podcast! #TechPodcast #AI #Semiconductors
0:00 Intro
5:44 AI model wars: OpenAI, Google, Microsoft compete (The Decode)
14:41 Intel board shakeup: Three members stepping down (The Decode)
19:19 OpenAI's $300 billion valuation debate (The Flip)
27:00 Pat Gelsinger joins as special guest (Off The Record)
30:59 Gloo: AI-powered platform for faith ecosystem (Off The Record)
33:16 Playground Global: Investing in deep tech (Off The Record)
36:15 Intel's future and semiconductor industry challenges (Off The Record)
40:07 US semiconductor policy and economic incentives (Off The Record
42:57 AI's power consumption problem and solutions (Off The Record)
#Anjuna is joining forces with @NVIDIA to facilitate the U.S. Navy's exploration #ConfidentialAI capabilities through a POC involving #NVIDIA Confidential H100 #GPUs.
We are proud to be featured in NVIDIA's security partner ecosystem in this #RSAC blog: https://t.co/y3O9wHr47f
Join #Anjuna at the #CCSummit 2024!
📅 June 5-6, 2024
📍 Hilton SF Union Square
Our sessions:
💡 Ayal Yogev at mainstage panel: https://t.co/RC1epJWWCX
💡 Mark Bower moderating a fireside chat: https://t.co/yR0sn3Xhw5
Register: https://t.co/wuGL6rxqtZ
🚀 Introducing Confidential AI
Powered by NVIDIA Confidential GPUs & Anjuna Seaglass
@NVIDIA and #Anjuna are joining forces to usher in the era of Confidential #AI. #NVIDIAInception
Visit us at booth 2360 during #RSAC to chat!
📥 Download our brochure: https://t.co/m4tFpux7ka
Rapid innovations in AI have highlighted the need for speed and efficiency in data. Explore how laser packaging techniques and strategies impact the performance and scalability of optical I/O solutions and understand the SuperNova™ light source's role.
https://t.co/Vkm0KNqSe3
💡 Deep tech requires patience, collaboration, technical expertise, and a binary mindset - it either works or it doesn't. We chatted with Young Sohn of @walden_catalyst about the evolution of technology - from Ethernet to AI to future areas of innovation. https://t.co/jpuEDN5JM0