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Pritzker Lures Another Startup for His Chicago Quantum Campus

Illinois Governor JB Pritzker has sealed a deal to bring another company to his Chicago quantum computing campus after investments from PsiQuantum Corp. and International Business Machines Corp. Infleqtion, a Colorado-based startup which recently raised $100 million, said it will build a utility-scale quantum computer as part of a $50 million, four-year public-private partnership with Illinois, according to a statement on Wednesday. The project will be developed at the state’s new quantum and microelectronics park in Chicago’s South Side. Chicago is hosting its first Global Quantum Forum and the Infleqtion deal represents another win for Pritzker. The billionaire governor, who is often cited as a potential 2028 presidential candidate, is trying to turn Illinois into a hub for new technologies ranging from electric vehicles and batteries to quantum computing. “As quantum moves to commercial deployment, capital and capability must align,” Matthew Kinsella, chief executive officer of Infleqtion, said in the statement. “Illinois is making the right investments to support long-term leadership.” Infleqtion will join PsiQuantum Corp., a Palo Alto-based startup that’s investing more than $1 billion to build a utility-scale, fault-tolerant machine at the park. IBM and partners including the University of Chicago and the University of Illinois Urbana-Champaign are also investing in the site, a former US Steel plant that shut in 1992.

Full report : Infleqtion plans to build the first utility-scale quantum computer in Illinois at the state’s quantum park and create at least 50 new jobs.