This startup is building the country’s most powerful quantum computer on Chicago’s South Side
![This startup is building the country’s most powerful quantum computer on Chicago’s South Side](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/07/p-91162286-PsiQuantum.jpg)
Illinois and DARPA just announced an ambitious $500 million quantum computing campus in Chicago–with PsiQuantum at the center.
In 1994, Peter Shor, an American mathematician working at Bell Labs, published a paper with a wonky title and earth-shaking implications. In “Polynomial-Time Algorithms for Prime Factorization and Discrete Logarithms on a Quantum Computer,” Shor showed how, using a hypothetical quantum computer, you could efficiently solve certain types of mathematical problems that overwhelmed even the most powerful classical computer systems—eliminating many, many steps, and cutting the calculation time exponentially.