{"id":58795,"date":"2025-10-07T07:18:07","date_gmt":"2025-10-07T07:18:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/58795\/"},"modified":"2025-10-07T07:18:07","modified_gmt":"2025-10-07T07:18:07","slug":"psiquantum-breaks-ground-on-quantum-computer-and-microelectronics-park-in-chicago","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/58795\/","title":{"rendered":"PsiQuantum breaks ground on quantum computer and microelectronics park in Chicago"},"content":{"rendered":"<p>            <a href=\"https:\/\/www.chicagoconstructionnews.com\/wp-content\/uploads\/2025\/10\/quantum-1.png\" data-caption=\"\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"446\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/10\/quantum-1-696x446.png\"   alt=\"\" title=\"quantum\"\/><\/a><\/p>\n<p>Chicago Construction News staff writer<\/p>\n<p data-start=\"179\" data-end=\"417\">PsiQuantum has begun construction on its site at the Illinois Quantum and Microelectronics Park (IQMP) in Chicago, marking the start of work on what will be America\u2019s first million-qubit scale, fault-tolerant quantum computer.<\/p>\n<p data-start=\"419\" data-end=\"754\">The project is being developed in multiple phases, with the initial phase focused on PsiQuantum\u2019s largest intermediate-scale test system, which will be evaluated by the Defense Advanced Research Projects Agency (DARPA) under its Quantum Benchmarking Initiative. Subsequent phases will ultimately deploy the full million-qubit system.<\/p>\n<p data-start=\"419\" data-end=\"754\">Development is a collaborative effort: Related Midwest and CRG are co-developing the site, Clayco serves as the general contractor, and Lamar Johnson Collaborative is the lead designer. Financing is provided by Blue Owl Capital funds. PsiQuantum is also partnering with GlobalFoundries in New York to manufacture its photonic quantum chips, which are central to the company\u2019s approach to scalable, fault-tolerant quantum computing.<\/p>\n<p data-start=\"1191\" data-end=\"1697\">\u201cThe Illinois Quantum and Microelectronics Park is about more than technology, it is about transformation for South Chicago,\u201d said Chicago Mayor Brandon Johnson. \u201cThis investment will bring new jobs and educational pathways while also paving the way for expanded health care and community amenities, including a new Advocate Health hospital and expanded access to the lakefront. Together we are showing what it looks like when innovation uplifts neighborhoods and creates lasting benefits for residents.\u201d<\/p>\n<p data-start=\"1699\" data-end=\"1982\">Co-founder and CEO Prof. Jeremy O\u2019Brien said the groundbreaking represents \u201chard work, close partnership, and a shared commitment to unlock the full potential of quantum computing,\u201d adding that the company is poised to deploy quantum computing \u201cright here on Chicago\u2019s South Side.\u201d<\/p>\n<p data-start=\"1984\" data-end=\"2364\">PsiQuantum\u2019s photonic approach leverages high-volume semiconductor manufacturing and conventional telecom fiber to address challenges in manufacturability, cooling, networking, and control electronics. The company recently raised over $1 billion in Series E funding to advance its fault-tolerant systems, with plans to begin a parallel utility-scale site in Brisbane, Australia.<\/p>\n","protected":false},"excerpt":{"rendered":"Chicago Construction News staff writer PsiQuantum has begun construction on its site at the Illinois Quantum and Microelectronics&hellip;\n","protected":false},"author":2,"featured_media":58796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[353,85,46,125],"class_list":{"0":"post-58795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-il","10":"tag-israel","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/58795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=58795"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/58795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/58796"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=58795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=58795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=58795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}