Company says investment in AI is continuing to grow

Total cost of facility is expected to surpass $10bn

Wants to improve AI inference

Hubs will be led by UK universities

Round was led by Walden Catalyst and Temasek

Company set to deploy a neutral atom quantum computer

University has close links to ASML

The 20-qubit machine will be integrated with local HPC infrastructure

Machine will be made available via the cloud and on premise

Said he expects the export restrictions to remain in place for several decades

Most powerful privately-owned SuperPod AI system in the country

System will be located in newly built data center at the National Technical University of Athens

Will be used to aid the company’s energy transition strategy

Brings company’s total funding to $4.5m

Company spun out of the Delft University of Technology in 2018

Brings total raised by the company to $120m

Project aims to advance quantum networking capabilities

Worst case scenario under current plans would see industry emissions exceed 100 megatons by 2030

Cluster replaces end-of-life system in UK

No vendor for the system has been named

Round was led by UKI2S and Cambridge Enterprise

Will eventually have space to host 12 quantum computers

Funds will support development of carbon nanotube-based quantum technology

Largest one-off direct foreign investment in the country