Data center will be located in Erlangen, Germany

Yandex spin-out claims $1bn ARR "within reach"

Front-end facility due to be fully operational by 2031

The PIC100 offering is the first from STMicroelectronics' new product portfolio

Achievement took place at the UK’s National Quantum Computing Centre

$10.4bn supercomputer will be operational from 2026, company claims

The chip is expected to be available before the end of the year

Acquisition expected to close in first half of 2025

Will provide UK organizations with access to EuroHPC research grants

Machine went offline on January 23

Company has also appointed new CFO and board member

Will use funds to deploy its optical networking solution in AI data centers

Saw participation from both new and returning investors

Expects to see net sales increase again in Q1 2025

Has signed a lease to take over new building at Peterhouse Technology Park

Will integrate into Spain’s MareNostrum 5 supercomputer

Will be housed in data center at the Green Energy Park in Zellik

Details of the investment have not been disclosed

Company is changing how ions are trapped to overcome quantum scaling challenges

The first of two systems ordered by the university

The UK’s CMA has indicated the agreement now satisfies its conditions

Claims chips are 100x faster than “current state of the art” offerings

The Chinese-government backed parent company has been accused of asset stripping and IP transfer during its time as owners

System is housed at company’s Green Data Center in Lombardy, Italy