AMD expands partnership with PsiQuantum to co‑design utility‑scale quantum computing infrastructure
AMD and quantum‑computing firm PsiQuantum announced an expanded strategic partnership to jointly design the hardware and software needed for fault‑tolerant, utility‑scale quantum computers. The deal adds AMD Instinct GPUs, EPYC CPUs and the ROCm software stack to PsiQuantum’s silicon‑photonic platform, and includes an equity investment by AMD. The collaboration will initially concentrate on drug‑discovery projects that align with the U.S. Department of Energy’s Quantum Genesis priority list.
Why it matters
The equity stake gives AMD exposure to the emerging quantum‑computing market, potentially opening new revenue streams as the technology matures. The partnership also showcases AMD’s AI and high‑performance computing assets in a novel hybrid‑computing context, which may attract further corporate and research customers.
Key facts
- 1AMD and PsiQuantum will co‑design computing infrastructure for utility‑scale, fault‑tolerant quantum computers and hybrid quantum‑classical applications. finance.yahoo.com
- 2The expanded collaboration adds AMD Instinct GPUs, EPYC CPUs and the ROCm software stack to PsiQuantum’s silicon‑photonic platform. finance.yahoo.com
- 3AMD plans to make an equity investment in PsiQuantum, as stated in the press release. investing.com
- 4The initial focus of the partnership is on drug‑discovery research, matching the Department of Energy’s Quantum Genesis priority applications. investing.com
- 5Both companies will provide further details about the partnership at the SC26 conference in Chicago from November 15‑20. finance.yahoo.com
- 6Victor Peng is CEO of PsiQuantum and Mark Papermaster is AMD’s Executive Vice President and Chief Technology Officer. finance.yahoo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.