Key Takeaway
BlackRock is spearheading a major fundraising round for PsiQuantum, a leader in quantum computing that diverges from traditional firms by utilizing semiconductor manufacturing techniques instead of exotic materials. This investment reflects the growing demand for scalable AI systems that deliver measurable returns. Successful deployment of enterprise AI requires partnerships with hardware providers, as seen in Cognizant’s collaboration with Nvidia. This partnership focuses on developing enterprise AI agents, industry-specific large language models, and enhancing AI infrastructure, integrating Nvidia’s technology into Cognizant’s Neuro AI platform to facilitate the transition from experimental to large-scale AI applications.
BlackRock, the global investment management corporation, is spearheading the fundraising initiative – and this investment round ranks among the largest in the history of quantum computing.
One reason PsiQuantum is attracting such substantial funding is its unique approach compared to other quantum computing companies.
Instead of depending on exotic materials, PsiQuantum is adapting traditional manufacturing methods from the semiconductor sector.
As organizations advance towards large-scale, production-ready AI systems, they are under pressure to showcase tangible returns on their investments.
A crucial factor in this investment success is the formation of partnerships between firms and AI hardware providers to develop end-to-end solutions that connect technological capabilities with business value.
These collaborations tackle the intricate demands of enterprise AI deployment, which requires not only advanced models but also strong infrastructure, industry expertise, and integration with existing systems.
A recent example of such a partnership is between Cognizant and Nvidia – focusing on five key areas, including:
- The development of enterprise AI agents
- Industry-specific large language models (LLMs)
- Improved infrastructure for AI deployment
Cognizant will incorporate Nvidia’s AI technology into its proprietary Neuro AI platform to deliver comprehensive solutions across various sectors, aiding businesses in transitioning from experimental AI applications to large-scale implementations.
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