United States: Extropic raises $14.1 million in seed funding to build physics-based AI computers

Startup Quantum computing startup Extropic which was founded last year by former members of Alphabet’s quantum computing research team has raised $14.1 million in seed funding to build physics-based AI computers. 

The company plans to build computers that allow generative AI to scale in an efficient way, “circumventing the need to massively scale energy production” through the use of thermodynamics.

Alphabet Quantum’s former CEO Guillaume Verdon wrote in a blog post on the company’s website, “We are grateful to have such a broad base of investors committed to advancing the frontiers of computing. We look forward to accelerating the advent of our computational paradigm with this Seed capital. As the timelines to scalability for quantum physics-based computers grew endlessly longer and longer, many of our team sought a different path to practical physics-based computing."