Company raised $59 million during Series B funding round

Company claims its accelerators could increase data center capacity 100x

Company says 30 percent of 2nm production capacity will be located in Arizona

Deal completes after Chinese regulator conditionally approved merger

V-GaN Tech Hub also receives funding for opening of new test lab

System expected to be complete in Spring 2026

Company announces shipment of its first High NA system during the quarter

Funds will help company deliver world’s first single-photon-based universal quantum computer

Cuts follow comments from Intel CEO saying chipmaker is no longer a top 10 semiconductor company

Number of startups using Arm chips has also increased 12-fold

Also: Diraq funding, IonQ Korean deployment, Singaporean quantum testbed, and IQM Resonance upgrades

Paris-based company claims its chip delivers a 10x lower energy consumption than leading GPUs

Chip will be available for sampling in 2026

Transaction expected to close in second half of 2025

Financial terms of the deal have not been disclosed

Taiwanese chipmaker hopes US expansion will soften impact of potential semiconductor tariffs

Startup looking to address scalability challenges associated with quantum computing

Bill currently being debated back in US House of Representatives

Company says it was approached by interested parties in previous funding round

Move comes two months after Cassidy was appointed to Microchip’s board of directors

Regulatory body reportedly seeking more information about the deal

Also this month, Chai AI announces $20m expansion of its in-house compute cluster

Paris-based Quantonation II describes itself as the “world’s only physics-focused fund”

Man taken to hospital in “serious condition” after accident