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moves money Fast Company Tech June 17, 2026

Quantum computing is growing—in Chicago!—and PsiQuantum keeps racking up wins

Quantum computing is growing—in Chicago!—and PsiQuantum keeps racking up wins
AI Summary

In a city not known for bureaucratic efficiency, the Illinois Quantum and Microelectronics Park (IQMP), a 128-acre parcel being developed on the former site of the U.S. Steel plant on the South Side of Chicago, is a remarkable exception. Plans for the sprawling innovation campus—backed by $500 million in state funding—were announced in July 2024.

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